Last year, in a $5.2bn deal, the firm bought a majority stake in Amer Sports, a Finnish outfit with assets including Wilson tennis rackets and Salomon skis.
So if I could go in the parking lot of Costco and buy, you know, gift cards for $0.88 on the dollar, then I could go to Dick's Sporting Goods and buy like a tennis racket for $0.88 on the dollar.