Posts tagged as callaway

  • Sunday, July 27th 2014

    First half of 2014 shows most large retailers are doing fine

    by Markus Huber

    Over the past few days, some financial results for larger vendors and retailers have been published for the first half of 2014. Here is an overview of performance figures for the first six months – see graph below. Accell Group to spin off fitness division The flat sales for large Dutch bicycle manufacturer, the Accell Group, were mainly caused […]

  • Thursday, July 12th 2012

    Callaway Golf chips away at its staff again

    by ISPO NEWSBLOG

    Callaway Golf saw its share price fall by 14 percent to $5.52 in early trading after the company’s new management released a revised estimate of its financial performance, predicting a loss of 55 to 75 cents a share for this year. The loss will be partly due to charges associated with a new wave of […]

  • Monday, April 16th 2012

    Callaway and Acushnet make peace

    by ISPO NEWSBLOG

    Callaway Golf and Acushnet Company have jointly announced a settlement of all the pending litigation and disputes between them. No money is changing hands, but under the terms of the agreement, each company will have specified rights to make ball and club products under patents owned by the other. Details of the settlement are confidential, […]

  • Wednesday, February 29th 2012

    Major golf alliance against counterfeits in the U.S.

    by Markus Huber

    Six golf vendors have taken joint legal action against websites in the U.S. that mainly target the state of Florida. The brands or companies that appear as plaintiffs are Ping, TaylorMade, Acushnet, SRI Sports, Cleveland and Callaway in this U.S. federal lawsuit against web-based retailers such as wholesalegolfplace.com, golfbestwholesale.com and others. The plaintiffs call their […]

  • Tuesday, February 28th 2012

    Callaway has a new leader

    by ISPO NEWSBLOG

    Callaway Golf, which has been suffering continued sales declines and losses in recent times, has a new president and chief executive to spearhead its expected turnaround. The company’s board of directors picked Chip Brewer to take on the role from March 5 onward after reviewing more than 50 candidates for the post. Brewer has a […]

  • Friday, February 17th 2012

    Perry Ellis licenses Ben Hogan apparel

    by ISPO NEWSBLOG

      Adding a fifth property to its roster of apparel brands, Perry Ellis has acquired the global intellectual rights to the Ben Hogan brand for apparel and accessories from Callaway Golf. The deal, whose price was not disclosed, covers South Korea and Japan as well. Perry Ellis is already the licensee of golf clothing for […]

  • Wednesday, January 25th 2012

    Callaway’s fiscal year ends in the rough

    by Markus Huber

    Callaway Golf reports a drop in sales of 17.2 percent to $154 million for the fourth quarter of2011. In the same period, the gross profit went down by 32 percent to $38 million. For the whole year, sales decreased from $967.7 to $886.5 million. The net loss jumped, however, from $18.8 to $171.8 million. The […]

  • Friday, December 16th 2011

    Justin Timberlake creative director at Callaway Golf

    by ISPO NEWSBLOG

    Alvaro Quiros in the upcoming Epic Demo campaign, with creative input from Justin Timberlake Justin Timberlake, the American singer, actor and heartthrob, has been appointed creative director at Callaway Golf. An avid golfer, Timberlake has been a Callaway staff professional since 2008. In his new job, he is meant to contribute to the golf brand’s […]