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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]
The 1-wood, or driver, is the lowest-lofted, [3] longest, and often lightest club in a player's bag, and is meant to launch the ball the longest distance of any club. . Originally, the driver was only slightly larger than any other wood and was designed to be used from the tee or the fairway, but with the advent of hollow metal clubhead construction, the driver has become highly specialized ...
At the time, Callaway held a 14% share of Topgolf. [19] Callaway had invested in Topgolf since 2006, with CEO Chip Brewer serving on the Topgolf board since 2012. [20] In October 2023, Topgolf Callaway successfully completed the acquisition of its competitor, BigShots Golf, for a sum of $29 million.
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