Reported 2 days ago
New tariffs imposed by President Trump on steel, aluminum, and Chinese imports could significantly affect the sports industry, particularly in professional leagues like golf. Companies such as Topgolf Callaway and Amer Sports may face substantial financial impacts due to these tariffs, leading to higher prices for consumers on athletic apparel and concession items. Additionally, the potential depreciation of the Canadian dollar could also affect NHL revenue. Investors in athletic apparel stocks should consider companies with diversified supply chains to mitigate risks from these tariffs.
Source: YAHOO