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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.
Callaway, legally Topgolf Callaway Brands Corp., is an American global sports equipment manufacturing company that designs, manufactures, markets and sells golf equipment, more specifically clubs and balls, also including accessories such as bags, gloves, and caps.
This page was last edited on 4 February 2025, at 11:43 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Big Bertha is the name given by Callaway Golf to a number of its lines of golf clubs.The name was chosen to evoke the famous German Big Bertha howitzer.. The original Big Bertha driver was launched in 1991.
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]
On October 27, 2020, Callaway Golf Company announced it would acquire Topgolf for $2 billion. [18] At the time, Callaway held a 14% share of Topgolf. [19] Callaway had invested in Topgolf since 2006, with CEO Chip Brewer serving on the Topgolf board since 2012.
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