• Loading stock data...
Wednesday, July 9, 2025

Fila Rebounds with Boost from Acushnet

  • Fila’s second quarter revenues rebounded after a drop in the same period last year.
  • Earnings from Acushnet provided a major lift.
Fila tennis and athletic appearal.
Geoff Burke-USA TODAY Sports/Design: Alex Brooks

Fila recorded a 63% year-over-year increase in revenue, reaching $870.7 million in the second quarter as its mix of athletic wear and golf products bounced back from pandemic lows.

Both the company’s revenue and gross profit of $446.2 million eclipsed 2019’s totals, as well. 

Key to Fila’s comeback is its majority stake in Acushnet, owner of golf product brands including Titleist, Footjoy, and Scotty Cameron. The company’s non-core holdings, namely its 52% stake in Acushnet, accounted for $598.4 million — 68.7% of its Q2 revenue.

  • Fila’s U.S. division saw its revenue rise 101.1% to $97 million — still 19.8% below its Q2 2019 showing of $120.9 million.
  • In April, consulting firm Brand Finance rated Fila the fastest-growing apparel brand, with a 68% year-over-year increase in brand value to $2.7 billion. 
  • Acushnet’s net sales more than doubled year-over-year to $624.9 million in the second quarter. That figure was up 35.2% from the same period in 2019.

Fila first bought into Acushnet in 2011, when the latter was acquired by a group of investors for $1.1 billion. It became majority owner in 2016 when it bought a 20% stake through its holding company, Magnus Limited.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Chelsea

Chelsea Club World Cup Run Banks at Least $100M for Mark Walter..

The Blues will likely take home between $100 million and $120 million.
Gianni Infantino

FIFA Tightens Trump Ties With Trump Tower Office

Trump and Infantino’s bromance is still kicking.
Enzo Fernandez

Chelsea Players Hawk Club World Cup Tickets on Instagram As Prices Plunge

The semifinals are set for weekday afternoons in New Jersey.
Chelsea

Club World Cup Semis Are Battle to Make Richest Soccer Final Ever

Semifinalists have each earned at least $60 million from the tournament so far.

Featured Today

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
July 5, 2025

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
July 3, 2025

Geoffrey Esper Can’t Catch a Break at Nathan’s Hot Dog Eating Contest

“Hot dogs is not one of my favorite competitions of the year.”
James Harden

Adidas Posts Big Profits in First Quarter Without Yeezy

Profits and sales are up after selling off remaining Yeezys last year.
Oracle Park
March 18, 2025

S.F. Giants Selling Stake to Private Equity to Pay for Facility Upgrades

The team said the cash would not be used to grow payroll.
March 20, 2025

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
February 14, 2025

DraftKings Turns First Full-Year Profit, Stock Up 47% in 2025

The company’s sports betting business continues to grow despite headwinds.
Billie Jean King
February 13, 2025

Billie Jean King: ‘Billionaires, Not Millionaires’ Are Fueling Women’s Sports Boom

Billie Jean King wants more women involved in team ownership, too.
February 5, 2025

Under Armour’s Desired Turnaround Sees Sparks With Q3 Earnings Beat

The 2010s darling has been struggling to find the right formula.