Amer Sports(US:AS) Zhi Tong Cai Jing·2025-08-29 12:34Group 1 - Chip Wilson, founder of Lululemon Athletica, sold shares of Amer Sports for $159.7 million, marking his latest move to liquidate equity [1] - Wilson reduced his stake in Amer Sports by approximately 4 million shares, representing 0.7% of the company's total equity, without disclosing the purpose of the funds [1] - Over the past year, Wilson has pledged Lululemon shares for cash three times, securing over $500 million in available funds from multiple banks, while not using Amer Sports shares for pledging [1] Group 2 - Wilson was part of a consortium led by Anta Sports that privatized Amer Sports in 2019 and has since driven its premium transformation, focusing on products like skis and tennis rackets [1] - Amer Sports has seen a remarkable stock performance since its NYSE listing last year, with a cumulative increase of over 200% [1] - Wilson currently holds about 18% of Amer Sports, which constitutes half of his net worth of $8 billion, according to Bloomberg Billionaires Index [1] Group 3 - The recent share reduction occurred while Amer Sports' stock price is at a historical high, with ongoing market interest in its expansion in China and global strategy [2] - The demand for high-end sports equipment from China's growing middle class is a key factor supporting Amer Sports' valuation [2] - As of the report, Amer Sports' stock was down nearly 2% in pre-market trading, priced at $40.20 [2]