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LVMH-backed firm buys LAB golf, valuing startup at $200mn
short by / on Tuesday, 29 July, 2025
LAB Golf has landed a $200 million valuation as L Catterton, backed by LVMH, acquires a majority stake, per WSJ. Known for its torque-free putters, the Oregon-based startup saw sales surge after JJ Spaun's US Open win. CEO Sam Hahn will stay on as the company eyes a 3x jump in 2025 unit sales. Retail sentiment on Stocktwits was bullish.
read more at Stocktwits