GolfIndustry

Titleist Parent Co. Sees Sales Forecast Diminish Amid Forex Challenges

1 month ago

The parent company of Titleist, Acushnet Holdings Corp., has reported a disappointing sales forecast, attributing the miss largely to adverse currency fluctuations that have impacted its international revenues. This revelation comes as the company prepares for its upcoming financial quarter, prompting investors and industry watchers to reassess their expectations for the iconic golf brand.

Topgolf Callaway Sees Remarkable Surge in Golf Ball Sales Outpacing Clubs and Venues

1 month ago

In a notable shift within the golfing industry, Topgolf Callaway Brands Corp. has reported a significant increase in golf ball sales that is outstripping the growth of both its golf clubs and venues. This trend reflects changing consumer preferences and represents a dynamic moment for one of the leading companies in the golfing world.

Saudi Arabia's PIF Poised to Make a Major Investment in PGA Tour Enterprises

4 months ago

In a significant move that could reshape the landscape of professional golf, Saudi Arabia's Public Investment Fund (PIF) is reportedly nearing a deal to invest in PGA Tour Enterprises. This anticipated partnership comes amid ongoing discussions regarding the future direction of golf and the increasing influence of financial power from the Middle East.