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Where Does All the Money Go?
The U.S. horse industry has an economic impact of about $177 billion.
So why does it still feel so expensive just to participate?
This week, Elizabeth and Reynolds follow the money — from horse-show bills and USEF fees to tack stores, prize money, media, real estate and the outside investors who increasingly see opportunity in the horse industry.
They look at what Dover Saddlery’s collapse says about equestrian retail, why Greenhawk chose only some of its former locations, and what companies like CVC and McCourt Global may see that traditional horse businesses haven’t figured out yet.
They…
The skinny
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