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In 2017, Callaway acquired OGIO, a US-based bag and apparel brand, and TravisMathew, a California-based lifestyle and golf apparel brand. [16] [17] In 2019, Callaway acquired German outdoor apparel company Jack Wolfskin. [18] On October 27, 2020, Callaway announced it will acquire Topgolf Entertainment Group for $2 billion. [19]
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.
Topgolf International, Inc. is an American multinational sports entertainment company headquartered in Dallas, Texas.It is known for its eponymous golf-based driving range game, which includes electronically tracked golf balls and automatically scored drives.
Big Bertha is the name given by Callaway Golf to a number of its lines of golf clubs.The name was chosen to evoke the famous German Big Bertha howitzer.. The original Big Bertha driver was launched in 1991.
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