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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.
Ruehl No.925 – concept brand launched by Abercrombie & Fitch in 2004; poor sales and operating losses led to A&F ceasing operations of Ruehl in early 2010; The Sample – Western New York based retailer founded in Buffalo in 1928 when its founder brought a sample set of 48 dresses back from New York City. At its peak, the retailer was noted ...
The company was founded as the Cleveland Classics by Roger Cleveland in 1979. [citation needed] [1] In 1990, ski equipment manufacturer Skis Rossignol purchased the company, and the name was changed to Cleveland Golf. It grew with the sales of clubs such as VAS woods and irons.
However, a new bag shouldn't cost you your whole paycheck or even your weekend brunch budget. Luckily, with T.J. Maxx's summer clearance event, you can get a new handbag for even cheaper—like ...
Quiksilver owned golf-equipment maker Cleveland Golf until 31 October 2007, when it sold the company to a Japanese sporting-goods company. [ 7 ] In 2009, Moody's included Quiksilver on its Bottom Rung list of companies most likely to default on its debt.
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