All Callaway Golf articles
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ArticleCallaway sees continued robust growth, Jack Wolfskin relaunch progressing well
Callaway Golf predicted another year of robust topline growth in 2022, after revenues in the fourth quarter jumped by 90.0 percent to $711.7 million, benefiting from “strong momentum” at Jack Wolfskin and TravisMathew and the addition of Topgolf earlier in the year. The growth for the new year is expected ...
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News briefsJack Wolfskin appoints new GM for China
Jack Wolfskin has appointed Matthew Jung as its new general manager for China, effective Feb. 9. In this role, the U.S. citizen will be responsible for implementing the company’s new strategic brand direction with the claim “We Live to Discover” and developing Jack Wolfskin’s omnichannel strategy in China. ...
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ArticleCallaway Golf raises guidance, Jack Wolfskin performs better than expected
Callaway Golf raised its guidance for the full year once again, after revenues in the third quarter increased by 80.1 percent as compared to the year-earlier to $856.5 million, continuing to benefit from the addition in March of Topgolf and a better-than-expected contribution to its top line from golf equipment ...
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News briefsPatrick Berresheim leaves Birkenstock, joins Jack Wolfskin as new VP Digital
Source: Jack Wolfskin Patrick Berresheim Digital specialist Patrick Berresheim has joined the Jack Wolfskin team to fill the newly created role as vice president digital at the German brand. The German outdoor brand sees significant growth potential globally, especially since it was acquired by Callaway Golf in ...
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ArticleTopgolf and golf boost Callaway, outdoor shows resilience
Callaway Golf’s revenues increased 208 percent to $914 million in the second quarter ended June 30, thanks in part to the first-time inclusion of Topgolf, which is now the group’s third operating segment along with golf equipment and soft goods and whose sales nearly doubled, compared to the prior year, ...
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News briefsJack Wolfskin's COO is leaving
Alexander Hauser Alexander Hauser, COO of Jack Wolfskin, will leave the German outdoor company at the end of June 2021. According to a company spokeswoman, it was decided not to recruit a successor for the position in Germany in this form. Among other things, Hauser was responsible ...
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ArticleJack Wolfskin recovers from pandemic faster than expected, online sales up 108%
Callaway Golf Co. saw revenues in the first quarter soar by 47.3 percent as compared to the year earlier to $651.6 million, amid “unprecedented” demand for its golf equipment and a faster-than-expected recovery from the Covid-19 pandemic for Jack Wolfskin and the rest of its softgoods businesses and the recently ...
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ArticleJack Wolfskin’s parent records higher losses on higher sales
Callaway Golf Co. saw its net loss in the fiscal fourth quarter deepen to $40.6 million, compared with a loss of $29.2 million last year. However, sales surged by 20.2 percent to $374.6 million, led by strong demand in the golf equipment segment and a quicker-than-expected recovery in the softgoods ...
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ArticleJack Wolfskin has found a new CEO
Richard Collier will be the new chief executive officer of Jack Wolfskin, effective Dec. 1. In this function, the 47-year-old Briton will be responsible in particular for the successful continued development of the strategic brand positioning and the further internationalization of the brand. He succeeds Melody Harris-Jensbach, who has been ...
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ArticleJack Wolfskin’s owner Callaway up on golf momentum
Callaway Golf Co. saw sales for the third quarter rise by 12 percent to $475.5 million, thanks to the rising popularity of golf after lockdowns ended, as the sport can be practiced while respecting social distancing guidelines. The golf equipment segment’s sales soared by 27 percent from the year-ago quarter ...
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ArticleCallaway’s profit plunge due to Jack Wolfskin writedown
Callaway Golf Co. ended the second quarter in the red due to a $174 million impairment charge related to the Jack Wolfskin goodwill and trade name. It posted a net loss of $167. 7 million, versus net income of $28.9 million for the year-ago quarter. The management said the charge ...
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ArticleJack Wolfskin provides insight into supply chain and factory salaries
Jack Wolfskin recently published its annual social responsibility report for 2018/19. The German outdoor brand owned by the U.S. Callaway Golf Company currently works with 68 production partners in 12 different countries. Most of the production volume is sourced from Vietnam, Bangladesh, Cambodia and China. In the latest 68-page report, ...
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ArticleMelody Harris-Jensbach to leave Jack Wolfskin
Melody Harris-Jensbach, who has been running Jack Wolfskin for the past six years, will soon be leaving the German outdoor brand. According to a press release, Callaway Golf Company, which took over Jack Wolfskin at the beginning of 2019 for around €418 million, and Harris-Jensbach had already agreed on her ...
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ArticleCallaway’s sales and profit plunge
(SGI) Callaway Golf Co. saw sales for the first quarter decline by 14 percent to $442.3 million, weighed down by the impact of Covid-19 on its golf equipment and softgoods businesses, including the recently acquired Jack Wolfskin brand. Currency fluctuations negatively affected revenues by $4 million. The gross margin decreased ...
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News briefsJack Wolfskin North America launches online store
Jack Wolfskin North America finally launched their highly-anticipated U.S. online store at us.jackwolfskin.com. In addition to the brand’s clothing, the website will feature every-day and technical packs and equipment. Jack Wolfskin was founded in 1981 in Germany and acquired by Callaway Golf Company in early 2019. The brand’s North American ...
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ArticleCallaway’s shares rise on longterm prospects
Callaway Golf Co. released preliminary results for the first quarter which pointed to a drop in revenues and earnings due the coronavirus, but it expressed optimism going forward for its golf equipment and outdoor clothing operations, leading the share price to jump by 17 percent. The group said it expects ...
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News briefs
Markus Bötsch will leave Jack Wolfskin
(SGI) On July 31, after almost 30 years, Markus Bötsch will leave Jack Wolfskin, the German outdoor brand acquired by Callaway Golf at the beginning of last year. Bötsch is currently a member of the management board, responsible for sales strategies. He started out as a sales assistant in 1991, ...
