Callaway Golf Company

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US: Ashworth taps Fadel as president, sets staff reduction | 25 May 07

Edward Fadel has rejoined golfwear supplier Ashworth Inc as president. He succeeds Gary (Sims) Schneiderman, who has left the firm.

US: Sport-Haley to buy out joint-venture member | 25 Sep 06

Golf apparel firm Sport-Haley has agreed to buy Explorer Gear USA’s 49% stake in Reserve Apparel Group and to settle all potential claims between the companies and their respective affiliates.

US: Senior appointments at Callaway Golf | 21 Jul 06

Two new senior vice presidents have joined the ranks at Callaway Golf Company, aimed at driving the company’s international strategy and overseeing manufacturing operations.

US: Callaway Q1 sales flat | 12 Apr 06

Net sales at Callaway Golf Company for the first quarter ending 31 March 2006 look set to hit US$300m, level with the figure for the same period last year.

UK: Ashworth extends Ryder Cup partnership | 13 Mar 06

Golf wear company Ashworth has signed a deal to become lead vendor and official licensee of the September 2006 Ryder Cup golf event in Ireland.

US: Cutter & Buck names new CEO, president | 8 Mar 06

Upscale sportswear company Cutter & Buck has appointed a new chief executive and a new president.

US: Ashworth suffers Q4 loss on increased costs | 23 Dec 05

Golf lifestyle company Ashworth has suffered a fourth-quarter loss caused by increased selling and administrative expenses.

USA: Sport-Haley Nets JV With Explorer Gear | 9 Nov 05

Golf apparel and outerwear company Sport-Haley has signed a joint venture deal with apparel manufacturer and marketer Explorer Gear USA to make and market Top-Flite branded apparel to Wal-Mart Stores in the US.

USA: Callaway Signs Strategic Deal With Tour Golf | 4 Nov 05

Callaway Golf Company has formed a strategic alliance with Tour Golf Group, the company's exclusive licensee for Callaway Golf footwear.

USA: Callaway Golf Names President, CEO | 2 Aug 05

Golfing goods group Callaway Golf Company has named George Fellows as president and chief executive officer of the company.

USA: Gear For Sports Bolsters Sales Teams | 4 Jul 05

Gear for Sports has expanded its sales team through the additions of John Polkis as senior vice president of sales, and Dan Langner as vice president golf sales and marketing.

USA: Poor Golf Sales Drive Down Ashworth's Q2 | 27 May 05

Golf-inspired sportswear company Ashworth Inc says its second-quarter income took a plummet, affected by bad weather hampering golf apparel sales and expenses connected to a new distribution centre.

USA: Ashworth Q1 Sales Rise 33.6% | 4 Mar 05

Golf apparel maker Ashworth Inc says first-quarter sales rose 33.6 per cent due to the impact of new brands and three new distribution channels.

USA: Tommy Bahama Names Men's Sportswear Design Director | 27 Jan 05

Joey Rodolfo has been appointed to the newly created position of director of men’s sportswear design at Oxford Industries subsidiary Tommy Bahama.

USA: Ashworth Posts 116% Hike In Q4 Profit | 17 Dec 04

Sportswear and golf apparel designer Ashworth Inc on Thursday reported a 116.4 per cent hike in fourth-quarter net income to $1.9m or $0.14 per diluted share. This compares to a profit of $877,000 or $0.07 per diluted share in the same quarter of last year.

CANADA: Fletcher Leisure To Distribute Callaway Golf Apparel | 7 Sep 04

Sportswear and golf apparel designer Ashworth Inc has signed a deal with Fletcher Leisure Group Inc to distribute its Callaway Golf apparel products throughout Canada.

GERMANY: Puma Appoints Two New Marketing Managers | 29 Jul 04

Richard Callaway and Ed Stapley have both taken on managerial jobs at sports giant Puma.

USA: Ashworth And Calloway Form Alliance With AGM | 18 Feb 04

Golf apparel companies Ashworth Inc and Callaway Golf have formed a strategic educational alliance with the Association of Golf Merchandisers (AGM).

USA: Ashworth Reports Improved Q4 Results | 19 Dec 03

Sportswear firm Ashworth Inc has posted a 9.5 per cent year-on-year increase in consolidated net revenue for the fourth quarter.

USA: Ashworth Named Top Golf Shirt Maker | 11 Dec 03

Sportswear company Ashworth Inc has been ranked as the number one golf brand in shirt usage among golf consumers by the sport's equipment authority Darrell Survey.

USA: Ashworth Swings To Q1 Profit On Strong Sales | 7 Mar 03

Leading golf-inspired lifestyle sportswear designer Ashworth Inc on Thursday revealed it swung to a first quarter profit as it was boosted by a 32.3 per cent jump in revenue to $26.6 million from $20.1m in 2002.

USA: Phoenix Footwear Appoints Ken Wolf CFO | 27 Jan 03

Leading casual shoe designer and manufacturer Phoenix Footwear Group Inc on Monday announced the appointment of Ken Wolf as CFO, effective February 1. The Maine-based company said Wolf will replace Bob Pereira and is a nine-year veteran of Callaway Golf Co where he served as Interim CFO and senior vice president of finance and controller.

USA: Callaway Golf Signs Footwear Licensing Deal | 27 Jan 03

Top golf club maker Callaway Golf on Friday announced a licensing agreement with Tour Golf Group to create and sell a Callaway Golf men's and women's footwear collection. The California-based company said the new line, which will gon sale in the US and Canada in March, includes innovative moisture management and spike technology and will be available in multiple styles and price points.

USA: Ashworth Reports Record Q4, FY Revenues Up 41% | 19 Dec 02

Leading designer of sportswear and golf apparel Ashworth Inc on Wednesday reported a 42 per cent jump in fourth quarter net revenue to $29 million from $20.3m in the year-ago period and revealed strong bookings for Spring/Summer 2003.

USA: Ashworth Unveils Plans For $15m Distribution Centre | 22 Nov 02

Sportswear and golf apparel designer Ashworth Inc today unveiled plans for its new $15 million United States Distribution Center which is being built on a 15.5-acre site in the Ocean Ranch Corporate Center in Oceanside, Calif, approximately 10 miles from Ashworth's current facilities.

USA: Ashworth Reports Interim Loss, Sees Strong Q4 | 29 Aug 02

Sports apparel manufacturer Ashworth Inc on Wednesday revealed it swung to a third quarter net loss but said it expects rising golf apparel sales to boost current quarter revenue. The California-based company announced a $573,000 net loss for the 13 weeks to July 31 compared with a $615,000 net profit in the year-ago period. Sales soared 20.5 per cent to $29.8 million.

USA: Ashworth Starts Shipping New Golf Line | 3 Apr 02

Leading designer of sportswear and golf apparel, Ashworth Inc, has begun shipping its new Callaway Golf apparel line into 1,000 stores across the US. The California-based company decided to start shipping the new line after strong demand from retailers ahead of  the line's launch this June. The line features two collections, one for evenings and office settings and the other for on-course play.

USA: Golf Apparel Firm Ashworth Posts Q1 Revenue Fall | 8 Mar 02

Leading golf lifestyle sportswear company Ashworth Inc has posted a sharp fall in consolidated net revenue for the first quarter of fiscal 2002, compared to the year-ago period. The California-based firm said consolidated net revenue for the first quarter 2002, ended Janaury 31, was $19.8 million, compared to $27.7m for the first quarter of 2001.

USA: Callaway Golf Teams Up With Sanei In Japan | 14 Dec 01

Callaway Golf Company has signed a long-term licensing agreement with Sanei International to create and sell Callaway Golf apparel in Japan. Sanei's expertise in the Asian market - where it already manages several high-profile apparel lines, including Pearly Gates, Natural Beauty, Vivienne Tam, Jill Stuart and Kate Spade - will be reflected in the apparel it produces for Callaway Golf. Japanese consumers will find familiar Asian sizing, quality and design details incorporated into the line.

USA: Ashworth Golf Sales Decline In Q3 | 29 Aug 01

Golf lifestyle sportswear company Ashworth Inc saw net revenue increase 5.7 per cent to $104.4m in the nine month period ended July 31, 2001. Domestic revenue increased 6.1 per cent to $89.9m from $84.7m and international revenue increased 2.9 per cent to $14.5m from $14.1m. Net income for the nine months decreased 9.6 per cent to $5.0m from $5.5m last year.


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