Why Should Sports Fans Care About Tariffs?
For a long time, the word tariff seemed antiquated, like riding in a horseless carriage or going to a sock hop. But tariffs are back with a vengeance under Donald Trump…
sporting goods
Nike, Under Armour Headline Sports Stocks Crushed by Trump Tariffs
Blanket taxes being levied on goods imported into the U.S. are hammering sports stocks whose supply chain extends outside the country. Shares of apparel brands…
EU Plans Tariffs on U.S.-Made Sports Goods in Response to Trump
The European Union is proposing a long list of retaliatory tariffs on American-made goods, including sports jerseys, ski boots and basketball sneakers, according to a…
Chip 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…
Roger 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…
Pickleball 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…
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…
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…
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