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Gamma Sports Files Chapter 11 Despite Pickleball Boom
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US sports giant GAMMA Sports has unexpectedly filed for Chapter 11 bankruptcy protection. The company, on the verge of bankruptcy, cited increasing financial pressures and industry transformation as contributing factors.
Gamma Sports Files Chapter 11 Despite Pickleball Boom
In a surprising turn for a booming industry, Gamma Sports files chapter 11, underscoring how even rapid growth in paddle sports has not been enough to keep every player afloat. The company, a retailer and wholesaler specializing in paddle sports equipment and apparel, has sought protection from creditors in the U.S. Bankruptcy Court for the Gamma Sports files chapter 11 as pickleball boom fails to offset losses and retail pressures.
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