Amer Sports targets China's rising middle class, while founder Chip Wilson sells a large amount of company stock.

The entities involved

• Amer Sports →

  company based in Finland

  Nothing else this week.

• China →

  cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • The Middle Corridor, linking Central Asia and Europe, is gaining significance in regional trade and energy routes.Mon 17:06
• Chip Wilson →

  Canadian businessman

  Nothing else this week.

Related events

• The company's founding involved Shannon Wilson as an early employee and designer, while Chip Wilson founded the company. They were married and held company stakes.Sep 7
• Nike launched a proxy fight against Lululemon.Jun 29
• Lululemon operates in the broader North American market, and a former executive was hired by the company's leadership.Sep 4