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This was the reason Golfsmith owed $5.5 million to Callaway Golf Co., $5.1 million to Taylormade Golf Co. Inc., $3.5 million to Nike, $2.3 million to PING Inc. and $2.1 million to Titleist. Golfsmith CEO David Roussy blamed "a recession-driven decline in golf participation and an oversized brick-and-mortar retail presence" for its situation.
Topgolf Callaway announced on September 4, 2024 that it would split into two separate companies. Callaway would sell golf equipment and clothing, and Topgolf would continue with dining and entertainment venues with a golf theme. [22] Topgolf Callaway Brands launched Topgolf Shop on October 3rd, 2024. [23]
In 2017, Callaway acquired OGIO, a US-based bag and apparel brand, and TravisMathew, a California-based lifestyle and golf apparel brand. [16] [17] In 2019, Callaway acquired German outdoor apparel company Jack Wolfskin. [18] On October 27, 2020, Callaway announced it will acquire Topgolf Entertainment Group for $2 billion. [19]
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Boot Barn, the nation’s largest western retailer, has picked Johnson County, Texas, for its newest 15,000-square-foot store ... perhaps in time for Christmas shopping.
This page was last edited on 18 November 2022, at 03:00 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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