Fanatics sees parts of its business fall 100% with sports on hold due to coronavirus

Fanatics sees parts of its business fall 100% with sports on hold due to coronavirus

Fanatics, the privately-held sports apparel unicorn valued at $4.5 billion, is the official retailer of licensed merchandise for all the major U.S. sports leagues, including the NFL, NBA, NHL, MLB, MLS, and PGA Tour. But there are no sports right now, as all the major leagues have put their seasons on hold due to coronavirus. […]