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| | | |  | Equipment makers battle a downturnPosted 8/13/2008 - 9:50 PM : Viewed 9332 times. From Source : www.golfweek.com |
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Equipment makers and retailers are offering promotions, price cuts and new products to jumpstart what is fast becoming one of the worst years in a decade for the retail sector.
That grim conclusion – drawn by many leaders from the pro shop and off-course retail fronts – was further supported by recent quarterly results released by industry bellwethers Callaway Golf and Acushnet Co., which owns the Titleist, Cobra, FootJoy and Pinnacle brands.
For the second quarter, usually one of the strongest for equipment companies, Acushnet and Callaway cited double-digit declines in U.S. sales. (These setbacks, however, were offset partially by international sales gains.)
Retailers and analysts say consumer spending domestically has stalled over concerns about an economy wracked by foreclosures and soaring fuel prices. Adverse weather has limited rounds played in key areas, which also is affecting equipment sales, they say.
Another persistent complaint: USGA restrictions are hinderi......
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 Equipment makers battle a downturn | | | | | | | | |
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| | | |  | Justin Timberlake Putting The "Sexy" Back In Callaway GolfPosted 11/19/2008 - 1:34 AM : Viewed 822 times. From Source : www.cnbc.com |
| | | He’s a six-time Grammy winning solo artist with six number one songs to his credit. His first album with his boy-band ‘N Sync sold 11 million copies. His partnerships are well known: Brittany Spears. Cameron Diaz. Jessica Alba—and cover your kid’s eyes—Janet Jackson.
We’re talking of course abou...... | | | Justin Timberlake Putting The "Sexy" Back In Callaway Golf | | | | | | Read All Callaway News | | | | | |
| | | |  | Callaway wins court order to stop sale of Titleist Pro V1 golf balls Posted 11/12/2008 - 3:32 PM : Viewed 13959 times. From Source : www.kansascity.com |
| | | Callaway Golf said it has won a court order permanently halting sales of Acushnet Co.’s Titleist Pro V1 golf balls, which Callaway argued infringed on patents that it holds.
The Pro V1 is one of the most popular golf balls made and is widely used worldwide by tour professionals and amateurs alike...... | | | Callaway wins court order to stop sale of Titleist Pro V1 golf balls | | | | | | Read All Callaway News | | | | | |
| | | |  | Callaway wins court order over golf ball patentPosted 11/11/2008 - 1:31 AM : Viewed 17288 times. From Source : www.sportsline.com |
| | | Callaway Golf said it has won a court order permanently halting sales of Acushnet Co.'s Titleist Pro V1 golf balls, which Callaway argued infringed on patents that it holds.
Acushnet said it will appeal the ruling, and has converted production of the golf balls so that they are outside the patent...... | | | Callaway wins court order over golf ball patent | | | | | | Read All Callaway News | | | | | |
| | | |  | Timberlake signs endorsement agreement with Callaway GolfPosted 10/29/2008 - 1:35 PM : Viewed 20622 times. From Source : www.pga.com |
| | | Callaway Golf has reached an agreement with pop star Justin Timberlake to endorse and play Callaway Golf equipment and carry a Callaway branded golf bag, company officials have announced. Terms of the contract are not being disclosed.
A 6 handicap, the 27-year-old Timberlake is the host of the P...... | | | Timberlake signs endorsement agreement with Callaway Golf | | | | | | Read All Callaway News | | | | | |
| | | |  | Callaway Golf Lays Off 154 Posted 10/28/2008 - 10:51 PM : Viewed 20789 times. From Source : www.sdbj.com |
| | | Carlsbad-based Callaway Golf laid off 154 employees Oct. 18. The layoffs were announced in August, said company spokeswoman Michele Szynal. She attributed the layoffs to Callaway consolidating its manufacturing and improving on processes.
Callaway, which manufactures golf balls and clubs, reports...... | | | Callaway Golf Lays Off 154 | | | | | | Read All Callaway News | | | | | |
| | | |  | Callaway Golf introduces sixth edition of its best-selling X-22 IronsPosted 10/25/2008 - 12:22 AM : Viewed 11631 times. From Source : www.pga.com |
| | | Callaway Golf Company has unveiled its new X-22 irons. The irons represent the sixth edition of the company's best-selling X-Series line of irons that was introduced in January 1998.
Features and benefits include:
Complete Inertial Design -- A long-standing Callaway Golf design principle tha...... | | | Callaway Golf introduces sixth edition of its best-selling X-22 Irons | | | | | | Read All Callaway News | | | | | |
| | | |  | Callaway lowers its full-year guidancePosted 10/17/2008 - 9:59 AM : Viewed 13230 times. From Source : www.golfweek.com |
| | | Shares of Callaway Golf Co. dropped Oct. 15 after the equipment manufacturer cut its full-year profit guidance and said it will report a loss in its third quarter.
Shares slid $1.93, or 16.3 percent, to $9.94 in afternoon trading.
After the market closed Oct. 14, Callaway warned investors that...... | | | Callaway lowers its full-year guidance | | | | | | Read All Callaway News | | | | | |
| | | |  | Callaway Golf Company Releases Preliminary Third Quarter 2008 ResultsPosted 10/16/2008 - 3:35 PM : Viewed 20085 times. From Source : biz.yahoo.com |
| | | Callaway Golf Company (NYSE:ELY - News) today announced that, based on current information, the Company’s net sales for the third quarter of 2008 are estimated to be $213 million compared to $236 million in 2007. Management also estimates that the third quarter loss per share is expected to range fr...... | | | Callaway Golf Company Releases Preliminary Third Quarter 2008 Results | | | | | | Read All Callaway News | | | | | |
| | | |  | Chicopee utility woos Callaway Posted 10/14/2008 - 2:08 AM : Viewed 16478 times. From Source : www.masslive.com |
| | | City officials are trying to get Callaway Golf Co. to buy its electricity from the municipal Chicopee Electric Light.
But Paul D. Waterman, plant manger at the Meadow Street company said Callaway won't make a decision until it can compare the costs between its current provider, Western Massachus...... | | | Chicopee utility woos Callaway | | | | | | Read All Callaway News | | | | | |
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