Waitt Company acquires operating assets of Bobby Jones brand

GEG image Waitt Company has reached agreement to acquire all operating assets of the Bobby Jones brand from W Diamond Group Corporation, a New York based company owned and led by Doug Williams and his family. As part of this agreement, the …
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Callaway’s Q1 sales increase 12 percent

GEG image Callaway Golf Co. reported nets sales for the first quarter of 2013 increased to $288 million as compared to $285 million for the same period in 2012.  More important, the company reported earnings of $42 million versus $32 million the …
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Duval re-signs with Nike Golf

GEG image You can go home again. Just ask David Duval. The former world No. 1 has re-signed with Nike Golf. Duval, who hasn’t been a significant presence on the PGA Tour since 2009, was the first player to win a major …
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GolfTEC closing in on four million golf lessons

GEG image A clock on the wall inside GolfTEC’s Denver headquarters tells the story. Sometime this spring, GolfTEC will pass the four million mark for golf lessons given in its 17-year history. No other company even comes close – testament to the …
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Callaway reports $117 million loss in 2012

GEG image Find another shade of red for Callaway Golf Company. The Carlsbad, Calif., based equipment company reported today that it lost $117 million in 2012 on sales of $832 million compared to a loss of $81 million on sales of $887 …
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Nike Golf hires Radcliffe as Director of Engineering for golf clubs

GEG image Nike Golf has named Nate Radcliffe its Director of Engineering for golf clubs. Radcliffe comes to Nike after 11 years at Cleveland Golf/Srixon, where he served in a range of research, development and brand Management roles.  Most recently, Radcliffe was …
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Fairway & Greene finds it authentic roots

GEG image As much as I like a lot of the high-tech apparel that’s in the marketplace these days, it’s always nice to go back to an original – or an authentic – as Fairway & Greene calls itself. Understand that Fairway & …
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Nike Golf debuts VR_S Covert driver for Feb. 8 delivery

GEG image Nike Golf today unveiled its much-anticipated VR_S Covert driver, which it says is the “first in history to bring high-speed cavity back technology to a driver that conforms to USGA and R&A Rules.” Nike Golf says the red-colored Covert driver, available …
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McIlroy moving on from Titleist brand at year’s end

GEG image Rory McIlroy could be one step close to Nike Golf. The world’s No. 1 ranked player and the Acushnet Company today jointly announced that McIlroy’s contract will not extend beyond Dec. 31, 2012.  McIlroy has played Titleist and FootJoy equipment …
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It takes time, but Callaway CEO Brewer says company is on the path to recovery

GEG image It’s not easy turning a battleship into the wind, just as it’s not easy turning around large golf equipment company. But Callaway Golf President and Chief Executive Officer says management is “making good progress” in its turnaround plan. “I believe we …
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Callaway President Chip Brewer confident company is headed for better times

GEG image Callaway Golf Company reported today its third quarter sales dropped to $148 million compared to $173 million the same period a year ago. The company reported an operating loss of $83 million for the quarter compared to $44 million in …
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FootJoy hires California ad agency to relaunch its brand in 2013

GEG image Look for golf shoe and glove giant FootJoy to embark on a significant rebranding campaign in 2013. The company – sister to Titleist on the Acushnet Company portfolio – has hired INNOCEAN USA, an advertising agency headquartered in Huntington Beach, …
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Cleveland Golf boss Hopkins suddenly resigns

GEG image Greg Hopkins, the long-time chief executive officer of Cleveland Golf/Srixon, has abruptly resigned from the company. Hopkins resignation is effective immediately. No successor has yet been named.  Hopkins gave no specific reason for his surprise resignation. “I’ve been with Cleveland for …
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Paul Lawrie re-signs equipment deal with Wilson Golf

GEG image European Tour star Paul Lawrie has re-signed a multi-year deal with Wilson Golf.  Lawrie, a member of this week’s European Ryder Cup team, will continue to carry Wilson Staff FG Tour irons in his Wilson Pro Tour bag, sport the …
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Ping Golf re-signs marquee players Westwood, Watson and Oosthuizen

GEG image Ping Golf has re-signed three of its marquee players new multi-year contracts. Lee Westwood, Bubba Watson, and Louis Oosthuizen – fourth, seventh, and No. 11 in the world ranking, respectively, each have been with Ping their entire pro careers. “Personally, it …
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Bridgestone, NFL reach licensing agreement for golf balls

GEG image   Bridgestone Golf has entered into an agreement with the National Football League (NFL) to produce officially licensed NFL logo golf balls.  Under the agreement, Bridgestone Golf has been granted the right to manufacture and sell golf balls, golf ball packaging …
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TaylorMade-adidas Golf surpasses $1 billion sales mark in first half of year

GEG image TaylorMade-adidas Golf keeps rolling. The golf equipment giant comprised of the TaylorMade, adidas Golf, Ashworth and Adams brands, reported its second quarter sales at $514.7 million – a 25 percent increase over Q2 in 2011. The company did not reveal …
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Callaway Golf’s Brewer promises more aggressive approach in 2013

GEG image Expect a new-look, more aggressive Callaway Golf Company in 2013. Company president Chip Brewer told Wall Street analysts yesterday that while Callaway “continues to make great performing products,” the company as of late has not been “on trend” in differentiating …
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Callaway reports sales gains but Brewer says pace is slower than anticipated

GEG image Callaway Golf Company today reported second quarter 2012 sales of $281 versus $274 million the same period a year ago. Callaway reported Q2 earnings of $14 million in Q2 compared to $8 million the same quarter in 2011. For the six …
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By the numbers: Callaway celebrating Els’ Open victory with driver, ball sale

GEG image   Callaway Golf Company is celebrating staff member Ernie Els’ Open Championship  at Royal Lytham with a promotion featuring the RAZR Fit driver and the HEX Black Tour golf ball.  Based on Els’ British Open score of 273 (67-70-68-68), Callaway is …
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