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Since Adidas does not make golf equipment the sponsorship is more limited to clothing and shoes. [ 115 ] In ice hockey , Adidas signed an agreement with National Hockey League (NHL) to be the official outfitter of uniforms and licensed apparel, starting in the 2017–18 season , lasting through the 2023–24 season .
In 2012, Adams Golf was acquired by TaylorMade Golf (which was owned by Adidas by then) for USD 10.80 per share in cash (roughly 70 million). As a result, Adams was added to the corporation set of golf brands, such as Adidas Golf and TaylorMade–adidas Golf. TaylorMade assured that Adams' headquarters in Plano, Texas, would remain. [2]
Shoppers say these popular kicks for men and women are an ace in the hole: 'Unlike my golf game, these shoes are perfection!' These 'extremely comfortable' Adidas golf shoes are up to 40% off ...
TaylorMade Golf Company is an American sports equipment manufacturing company based in Carlsbad, California, United States. The company focuses on the golf equipment market, producing golf clubs, balls, and clothing. TaylorMade Golf is currently a subsidiary of Centroid Investment Partners after it was purchased from KPS Capital Partners in May ...
Due to competition from Adidas, the acquisition cost Callaway Golf $169 million. [5] On November 8, 2004, Callaway Golf named chairman and chief executive William C. Baker president and COO, replacing Patrice Hutin. [12] In August 2005, George Fellows was named president and CEO of Callaway Golf. He retained this position until June 2011. [13]
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.
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