All Acushnet articles – Page 3
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News briefs
Titleist and Footjoy to sponsor Women’s Golf Day
Joining the list of golf brands and organizations that support the 2021 Women’s Golf Day (WGD), Titleist and FootJoy have signed up as the event’s official golf ball and official footwear sponsors, respectively. The WGD is a collaborative effort by a team of golf management companies, retailers and other organizations ...
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Article
Acushnet’s profits double
The American golf company controlled by Fila Korea bounced back in the third quarter, with profits more than doubling compared with the year-ago quarter. Acushnet also witnessed a recovery in sales after lockdowns eased and demand for golf products picked up again as players returned to the golf courses. Following ...
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ArticleAcushnet’s sales fall by 35%
Acushnet, the American golf company controlled by Fila Korea, had a difficult start to the second quarter, but it witnessed a recovery in sales after lockdown eased and demand for golf products picked up again. Following the re-opening of its production facilities and distribution centers in late May, the company ...
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ArticleMarket Analysis: The sports equipment market
This is an exclusive, yearly statistic only available for subscribers of SGI Europe. It includes revenue and market share development of the major global sports equipment brands including breakdown by region.
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News briefs
Titleist and Footjoy extend PGA partnership
Acushnet, the parent company of the Titleist and Footjoy golf brands, has extended its partnership with The Professional Golfers’ Association (PGA) for a further three-years until 2023. Both Titleist and FootJoy are principal partners of the PGA, and will continue to support the organization in several areas, including its Continuing ...
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Article
Acushnet posts lower-than-expected sales and profits
The first-quarter results of Acushnet, the American golf company controlled by Fila Korea, did not meet analysts’ expectations. Sales declined by 5.8 percent to $408.7 million, or by 4.6 percent in constant currencies, due to a decrease in Titleist golf ball sales and FootJoy golf wear, hampered by Covid-19. As ...
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News briefs
Acushnet withdraws guidance
Acushnet said it is withdrawing its guidance for this year’s results, while drawing down $200 million under its revolving credit facility to cope with the impact of the coronavirus epidemic in Europe and North America. The company said that its sales in South Korea and Japan have started to recover ...
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