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Just The Facts! The Industry View from the USA

  • In GIO's most recent poll where the question was asked "Should there be a standardized ball for Tour players?", the answer was 54% in favor and 46%opposed.
  • TaylorMade announced it has signed a multiyear contract with Loren Roberts to play its new Rossa putter, a product line that was introduced at retail earlier this month. The agreement also calls for Roberts to carry a Rossa tour staff bag.
  • Starting May 15, Delta, the "official airline of the PGA Tour," will only accept golf clubs in either hard-shell cases, such as Ogio's Rig or Club Glove's travel bag. Passengers who bring their golf clubs in soft-cover bags will be required to put the bag in a "Delta golf box" at check-in--with a $10 charge applied per box.
  • Blade Golf introduces the TC-2 iron, which follows up on the success of its TF-1 (Tour Feel) iron.
  • Club Car introduces its Transporter 472 utility vehicle, which seats four and has a payload capacity of 1,200 pounds.
  • Maxfli Golf, a division of TaylorMade-adidas Golf,has launched its redesigned company Web site, www.maxfli.com.
  • Antigua Enterprises Inc., an apparel company based in Peoria, Ariz., posted a net loss in 2001 and reported annual sales were relatively flat. For the year ending Dec. 31, the company recorded net sales of $41.6 million compared with $41.5 million in 2000.
  • Mizuno USA Inc. won an award for outstanding retail display in an annual competition sponsored by Point of Purchase Advertising International.
  • Adams Golf (Nasdaq:ADGO) today announced operating results for the first quarter ended March 31, 2002. Net sales were $12.4M as compared to net sales of $20.1M during the first quarter of 2001. The Company recorded a net profit of $0.6M, or $0.03 per common share, for the three months ended March 31, 2002 as compared to a profit of $0.4M, or $0.02 per common share, for the comparable period in 2001.
  • A Federal District Court in Springfield, Massachusetts has denied Spalding Sports Worldwide's request for a temporary restraining order and preliminary injunction against Wilson Sporting Goods as it relates to the Wilson True Roll.
  • Gary Player has been awarded $716,357 in damages, contempt charges and legal costs for an online marketing venture that went sour.U.S. District Judge Kenneth Ryskamp issued an injunction last October to halt sales and found the online company of Gary Player Golf Inc., in contempt in November.
  • Atlanta-based NEXT Technology Golf announced the launch of its new Magnetix Driver.
  • Strategic Shaft Technologies reported that custom clubfitter California Golf Technologies joined its SST PURE network.
  • Four months after he was stripped of his chief executive title, James Stanich has resigned as president of National Golf Properties (NYSE:TEE), the company announced April 23.
  • Nancy Lopez is named recipient of the 2002 PGA First Lady of Golf award. Lopez will be honored June 5, in a ceremony in Canton, Ohio, in conjunction with the 63rd Senior PGA Championship, June 6-9, at nearby Firestone Country Club in Akron, Ohio.
  • Golf Marketing announces the finalized purchase agreement of Flagstick Guarantee LLC, a regional prize promotion company located in Colorado Springs, Colorado.
  • Turf care products maker LESCO announces a 3 percent increase in sales for the quarter ended March 31, compared to the previous year.
  • Shaft maker Aldila announces net sales of $11.4 million and a net loss of $198,000 ($0.01 per share) for the first quarter ended March 31, 2002. In the corresponding 2001 quarter, the company's net sales were $14.6 million and net income was $988,000.
  • Spalding Holdings Corporation, the parent company of Spalding Sports Worldwide, Inc., announces it consummated a transaction with holders of approximately 95 percent of its outstanding 10 3/8 percent senior subordinated notes and its principal stockholders. The result is a recapitalization of its debt and equity structure.
  • GolfGear International reports annual net sales of $2,143,371 and a net loss of $962,250, as compared with net sales of $3,194,610 and a net loss of $1,016,981 for the year ended Dec. 31, 2000.
  • PerryGolf, the specialists in customized and luxury international golf experiences, has combined two of Scotland's favorite pastimes -- golf and salmon fishing -- into one unique program, Birdies & Salmon, for the summer of 2002.www.perrygolf.com
  • Grand Bahama Island's Chillingsworth Court condos have been recently renovated and can be booked through major travel agencies electronically. The rooms overlook a new Fazio-designed championship golf course.
  • eGolfScore, provider of Internet-based, real-time wireless score tracking programs for golfers, announces the availability of eGolfScore Wireless to AT&T Wireless mMode customers. eGolfScore Wireless offers golfers a way to score their round and broadcast hole-by-hole scores and statistics to the web for viewing by family and friends.
  • Softspikes, maker of plastic golf cleats, has been named as the official cleat of the Stewart & Stewart Tour, a developmental tour that consists of 19 tournaments played from April through October in the southeastern part of the United States.

 

 

 
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