Team Sports Gear-Makers Ripe for Mergers and Acquisitions
Investors have long been dismissive of team sporting goods makers, beholden to the narrative that youth sports participation is in long-term decline and remembering past failures of gear makers to...
View ArticleSporting Goods Inventory Increases in 2022 With Mixed Profitability
The annual state of the industry report from the Sports and Fitness Industry Association (SFIA) reveals that 55.2% of sporting goods and fitness firms increased profitability in 2022, the second...
View ArticleMarucci Baseball Gear Sold for $572M to Motor Sports Specialist
Marucci Sports, a maker of bats, gloves and other baseball equipment, is being sold to specialized bicycle and dirtbike suspension maker Fox Factory Holding Corp. in a deal valuing the business at $572...
View ArticleLululemon Founder Chip Wilson Bets Billions on Amer Sports IPO
Lululemon Athletica founder Chip Wilson is betting billions of dollars of his fortune that 2024 will see investors clamoring to own a piece of Wilson footballs and Salomon skis. Chip Wilson is the 20%...
View ArticleBillionaire Chip Wilson Ups Equity as Amer Sports Seeks $8.3B IPO
Lululemon billionaire Chip Wilson will increase his billion-dollar-plus bet on the sporting goods maker Amer Sports when it holds its initial public offering, according to a revised prospectus filed...
View ArticleAmer Sports Slashes IPO Price, Still Adds $1B to Chip Wilson Fortune
Amer Sports priced its IPO Wednesday evening and begins trading on the New York Stock Exchange Thursday, but the company had to steeply discount its share price to get the deal done. Amer—the parent of...
View ArticleAmer Sports Stock Jumps as Federer, Caitlin Clark Revive Wilson
Amer Sports, the sporting goods maker backed by Lululemon billionaire Chip Wilson, bested Wall Street expectations with earnings reported Tuesday, rallying shares as high as 15% during trading as...
View ArticlePickleball Team Owner Flips Medical Device Fortune to Sports Investing
Ron Saslow wasn’t necessarily looking to change careers. But when he finally listened to one of the many unbidden offers for his medical device business five years ago, it set him on a path to being at...
View ArticleRoger Federer Gear Strong for Amer Sports as Olympics Spur Play
China’s first Olympic tennis gold drove Chinese consumer interest in tennis, helping sporting goods company Amer Sports grow ball and racket gear sales by double digits in its third quarter. Amer...
View ArticleChip Wilson’s Bet on Sporting Goods Turns $1.6B Profit
Billionaire Chip Wilson’s bet on tennis rackets and mountaineering gear is paying off big-time. Wilson, best known for creating athleisure brand Lululemon and becoming a multi-billionaire in the...
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