Latest news with #sportinggoods
Bloomberg
28-05-2025
- Business
- Bloomberg
FountainVest Seeks $1.32 Billion in Arc'teryx Maker Share Sale
An Asian private equity firm is seeking to raise as much as $1.32 billion in a sale of about half its shares in Amer Sports Inc., as early investors in the maker of sporting goods including Arc'teryx clothing look to cash out. Affiliates of FountainVest Partners are offering 35 million shares of Amer for $37.20 to $37.73 each, according to terms of the deal seen by Bloomberg News. The buyout firm was part of a consortium that acquired Amer for $5.2 billion in a deal completed in 2019.
Wall Street Journal
08-05-2025
- Business
- Wall Street Journal
Puma Confirms Outlook in Challenging Environment Given U.S. Tariffs
Puma reiterated its guidance for the year amid a challenging landscape marked by the potential impact of U.S. tariffs. Photo: abdul saboor/Reuters Puma reiterated its guidance for the year amid a challenging landscape marked by the potential impact of President Trump's tariffs and shortly after the group parted ways with former Chief Executive Arne Freundt . The German sporting-goods company said Thursday that it continues to anticipate an increase in sales in the low- to mid-single-digit percentage range on a currency-adjusted basis in 2025.
