Golf Industry News - six months
Royal Precision, makers of the Rifle shaft, have reported a revenue increase of 31 per cent to around £8 million for the six-month period up to the end of November, thanks largely to a huge boost in European sales. The period showed a profit of £225,000 compared to a loss of £175,000 compared with the […]
Acushnet Consolidates30-09-1999
September 1999 Acushnet has announced a consolidation of Titleist and Cobra to achieve a reduction in duplicated costs, especially on the custom-fitting side of the business. “Aside from the spring bubble of demand, the structure of the business will be built to order,” said Wally Uihlein, president and ceo of Acushnet. Uihlein believes industry conditions […]
Spalding sales drop30-08-1999
Net sales of Spalding Holdings, the parent company of Spalding Sports Worldwide, dropped for the second quarter ending July 3, 1999, to £80 million from £101 million over the same period last year. For the first half of 1999, net sales decreased to £153 million compared with £194 million in 1998. However, profits for the […]