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Callaway Golf Company was founded by former Burlington Industries textile president, Ely Callaway Jr. in 1982. Callaway was raised in LaGrange, Georgia , and was a graduate of Emory University . He had previously been successful in the textile and wine industries, and was also an avid golfer.
Acushnet Company; Adams Golf; Aldila (shafts); Antigua Apparel; Ben Sayers; Bettinardi Golf; Bridgestone Golf; Buggies Unlimited; Callaway Golf Company; Cleveland ...
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Golfsmith – went bankrupt in 2016 and acquired by Dick's Sporting Goods; 36-38 locations rebranded as Golf Galaxy; Herman's World of Sporting Goods – went bankrupt in 1993 and closed in 1996; Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004; MC Sports – filed for bankruptcy and closed in 2017
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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