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Golf Industry News |
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Golf Industry Central News
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Adams Golf Announces Year End 2009 Results
PLANO, Texas, March 9, 2010 (GLOBE NEWSWIRE) -- Adams Golf (Nasdaq:ADGF) today reported net sales of $76.1 million for the year ended December 31, 2009, as compared to $91.5 million for the year ended December 31, 2008, a decrease of 17% year-over-year. Adams Golf had a net loss of $12.2 million, or $1.82 per fully diluted share, for the year ended 2009, as compared to a net loss of $1.5 million, or $0.23 per fully diluted share, for the comparable period of 2008.
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Fortune Brands Announces Agreement to Sell Cobra Golf Brand to PUMA
DEERFIELD, Ill., Mar 10, 2010 (BUSINESS WIRE) -- Fortune Brands, Inc. /quotes/comstock/13*!fo/quotes/nls/fo (FO 47.03, +0.55, +1.18%) today announced a definitive agreement for the sale of its Cobra golf brand to PUMA AG. The sale includes the Cobra brand, as well as related inventory, intellectual property and endorsement contracts.
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Tiger Woods working with swing coach: reports
Tiger Woods is working on his golf game with coach Hank Haney this week, according to Golf Digest and the Golf Channel, but only time will tell if the practice means a comeback is imminent.
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Ping square-grooved wedges to be banned
The 20-year-old Ping wedges with square grooves will no longer be allowed on the PGA Tour starting March 29 under an agreement reached with the Ping executives.
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KPMG’s Golf Business Community goes live
(Budapest, Hungary – March 10, 2010) KPMG’s new Golf Business Community website – www.golfbusinesscommunity.com – has gone live featuring golf market intelligence, analysis and news.
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Howzat for style!
AFTER 72 holes of golf, in near 100 per cent humidity, the majority of the ANZ Ladies Masters field packed their clubs away and remarkably returned to the grass to play cricket -- and then a game of soccer.
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State reps honoured at Queensland Golf Industry Awards
The achievements of Queensland state representatives TIm Hart, Bree Arthur, Cameron Smith and Ashley Ona have been honoured at the 2010 Queensland Industry Awards.
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Rising star Wright pondering her goals
Australian golf rising star Lindsey Wright might well have the potential to be world number one - but she has not yet worked out whether she wants to be.
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Golf Club’s green dream
THE Margaret River Golf Club is a step closer in its quest to go green, thanks to a State funding boost.
Last week Member for Vasse Troy Buswell MLA and Member for the South West region Barry House MLC announced the Augusta-Margaret River Shire and golf club would receive more than $260,000 for its water recycling project.
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$130k raised at golf day
Sunday’s Westlime/Rotary/Rotaract Charity Golf Day attracted an excellent field of 150 players who, despite the rain finished the 18 hole Stroke event and helped raise $130,000. Highlight of the day was the hole in one by rookie golfer and Westlime employee, John Barnes on the 1st hole.
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Be patient and the wins will come, Nicklaus tells McIlroy
MIAMI, March 9 (Reuters) - Jack Nicklaus has told Britain's Rory McIlroy that he needs to add patience to his armoury if he is to continue his climb up golf's world rankings. The 20-year-old from Northern Ireland has risen swiftly to ninth in the world rankings but has just a solitary win from the European Tour.
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Environmentally friendly golf
Noosa Springs golf superintendent Wayde Leech has just been announced the winner of the 2010 Superintendents Environment Award that recognises excellence in golf course management for his environment management system at Noosa Springs.
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Tiger's comeback tougher than Ali's
Ever see those crazy guys in the park playing speed chess? They're flying along at warp speed, trusting their instincts and trying to avoid one mistake that might get them checkmated. That's what doing an online chat is like. Writing a column is like chess; you have time to mull strategies and move pieces into the right places. But an online chat? Speed chess.
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Mark Calcavecchia says Tiger Woods changed his cell number five times last year
As it turns out, Tiger Woods wasn't asking his alleged mistress Jaimee Grubbs to do anything he wouldn't do when he asked her to tweak her cell phone. "I didn't really think about it, but in the course of last year he changed his number five times," says Tiger's one-time texting buddy Mark Calcavecchia. "The last time he did, I said, 'Man, you change phone numbers more than I change underwear.'"
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Only One Course In Beijing Is Legal!
BEIJING (March 8): Only one of the some 20 golf courses in Beijing has been developed legally, a member of the law committee in China's parliament said.
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Australian PGA Championship on course until 2012
Sport Minister Phil Reeves today announced the Bligh Government will continue its investment in the award-winning Australian PGA Championship at Coolum for a further three years, from 2010 until 2012. "Queensland Events and the PGA of Australia have worked together to renew this fine partnership, and we're thrilled to keep this great event in Queensland," Mr Reeves said.
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Tournament clash to make Malaysia a 'laughing stock'
KUALA LUMPUR, March 9 (Reuters) - Malaysian golf chiefs are threatening to withdraw their endorsement of the U.S. PGA's first event in Southeast Asia over a clash of dates with an existing Asian Tour event in the country. The $6 million Asia Pacific Classic, co-sanctioned by the U.S. PGA and Asian Tour, and the Iskandar Johor Open are both scheduled to take place in Malaysia from Oct. 28-31. "In my view, the timing is wrong. There cannot be two big golf tournaments going on in the country at the same time," Malaysian Golf Association (MGA) president Robin Loh told Tuesday's Star newspaper.
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Marketing and Communication: First Tee Time
It may seem tough for an already busy manager to find a few extra hours each week to spend on the first tee welcoming players to their facility. You would be surprised though on how much this extra time can actually save you in dealing with future staff and operational issues, and can financially reap extra dividends for your facility's bottom line.
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Asia’s ESPN STAR signs with OneAsia tour
SYDNEY – ESPN STAR Sports has announced a five-year Asian regional television broadcast partnership with the OneAsia golf tour. In a statement released Thursday in Singapore, ESPN STAR said the exclusive agreement through to 2014 would include live coverage of OneAsia events in 24 countries and territories in Asia.
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Woods turns down $75 million deal from Irish bookmaking outfit
DUBLIN, Ireland -- Tiger Woods has rejected a proposed $75 million sponsorship offer from Paddy Power, but the bookmaking company said it hasn't given up hope of agreeing on a deal.
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