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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.
In 2012, Adams Golf was acquired by TaylorMade Golf (which was owned by Adidas by then) for USD 10.80 per share in cash (roughly 70 million). As a result, Adams was added to the corporation set of golf brands, such as Adidas Golf and TaylorMade–adidas Golf. TaylorMade assured that Adams' headquarters in Plano, Texas, would remain. [2]
Acushnet Company; Adams Golf; Aldila (shafts); Antigua Apparel; Ben Sayers; Bettinardi Golf; Bridgestone Golf; Buggies Unlimited; Callaway Golf Company; Cleveland ...
Cobra was dedicated to the average golfer, especially ladies and seniors [3] which makes it understandable that is also the first U.S. club manufacturer to sell stock graphite-shafted woods and irons that are known for being lighter clubs. [4] In five years, Cobra Golf was selling about $4.5 million worth of these clubs annually. [2]
TaylorMade Golf Company is an American sports equipment manufacturing company based in Carlsbad, California, United States. The company focuses on the golf equipment market, producing golf clubs, balls, and clothing. TaylorMade Golf is currently a subsidiary of Centroid Investment Partners after it was purchased from KPS Capital Partners in May ...
Early golf clubs were all made of wood. They were hand-crafted, often by the players themselves, and had no standard shape or form. [1] As the sport of golf developed, a standard set of clubs began to take shape, with different clubs being fashioned to perform different tasks and hit various types of shot. Later, as more malleable iron became ...