Amer Sports revealed an agreement reached with a Chinese technology company, Liesheng, to sell its Finnish-based sports watch and dive computer brand, Suunto, which had revenues of €160 million in 2018. The deal follows last year’s sale of fitness equipment maker Precor to Peloton, and is in line with Amer’s strategy under its Anta Sports-controlled ownership group to focus ... Log in to view full article.
