Amer 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…
sporting goods
Amer 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…
Billionaire 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…
Lululemon 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…
Marucci 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…
Sporting 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…
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…
Burkle-Backed Sporting Goods Giant Signals Future of E-Commerce
Signa Sports United (SSU) recently announced it entered into a definitive business combination agreement with Ron Burkle’s Yucaipa Acquisition Corporation (a SPAC)…
Billionaire Burkle’s SPAC Buys European Sporting Goods Retailers
Grocery store billionaire and Pittsburgh Penguins co-owner Ronald Burkle is getting into the sporting goods business. Burkle’s Yucaipa Acquisition, a SPAC that holds…
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