Key Takeaways Carnival raised 2025 guidance on resilient demand, higher spending, and fleet investments. Norwegian Cruise Line hit record $4B advance sales, with fleet upgrades boosting growth. Deckers Outdoor posted record results, led by HOKA and UGG momentum and global demand.The outdoor industry spans recreation, wellness, and lifestyle experiences centered around nature and activity away from home. This theme includes brands involved in outdoor gear, apparel, recreational vehicles, and equipment and se ...