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This was the reason Golfsmith owed $5.5 million to Callaway Golf Co., $5.1 million to Taylormade Golf Co. Inc., $3.5 million to Nike, $2.3 million to PING Inc. and $2.1 million to Titleist. Golfsmith CEO David Roussy blamed "a recession-driven decline in golf participation and an oversized brick-and-mortar retail presence" for its situation.
TaylorMade was independently owned until 1984, when Salomon S.A. acquired the company. At the time, the union was strategically compatible for both companies which were innovators in their industries: Salomon wanted to diversify and made the decision to enter a "three-season" market, and TaylorMade benefited from the worldwide resources of Salomon.
Wilson's other lines are generally considered to be "big box," "value," or "economy" brands, while the Wilson Staff line provides higher quality equipment used on all major professional golf tours. Products marketed under the Wilson Staff brand include golf equipment ( balls , clubs , gloves , and bags ), and clothing ( polo shirts ).
This foldable storage shelf is on sale for under $60: 'It is like a magic act' AOL. Shop the best New Year's Amazon deals for big savings on Apple, Ninja, Keurig and more. See all deals.
Protect your retirement savings with these 5 essential money moves — most of which you can complete in just minutes.
A Connecticut man who allegedly killed a woman and her infant son in November targeted the woman because she owed him $400 for renting a vehicle of his, arrest reports said on Monday.
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