The number of indoor climbing gyms in the U.S. has grown from 220 in 2014 to 660 now and is expected to continue growing at a 20% annual rate, CLAR told the Stifel investor conference, and it intends to ride that participation trend both with climbing equipment where it already has a strong position and into a lifestyle business built around apparel and footwear. It compares the sport today to where surfing and skateboarding were generations ago, and sees its opportunity to be the next Quiksilver or Vans. Fueling some of that growth is the fact that climbing will be ... Log in to view full article.