For decades, Dover Saddlery was part of the fabric of horse sport in America. But after store closures, liquidation, and reports of unpaid vendors sent shockwaves through the equestrian industry, bigger questions began to emerge.

In this episode, Caroline sits down with Piper Klemm, publisher of The Plaid Horse, to unpack how the story unfolded behind the scenes, what private equity's growing presence in horse sport could mean for the future of the industry, and why this moment may reveal deeper economic fragilities within equestrian sport itself.

Read Piper's piece about this topic HERE