What is the history of Callaway Golf?
History. In 1983, he became the company's president and moved its headquarters to Carlsbad, California where he could be found selling clubs out of his Cadillac. In 1984, Callaway bought the rest of the company for another $400,000. The company's name was changed to its present name in 1988.
What did Bruce Parker do for Callaway Golf?
In 1985, the company hired Bruce Parker as head of sales, who later became the company's Chief Merchant and, through his tenure with Callaway Golf as head of sales, was responsible for sales in excess of $3.0 billion. He was involved in all major decisions during the company's growth.
Who is the CEO of Callaway Golf?
Due to competition from Adidas, the acquisition cost Callaway Golf $169 million. On November 8, 2004, Callaway Golf named Chairman and Chief Executive William C. Baker President and COO, replacing Patrice Hutin. In August of 2005, George Fellows was named President/CEO of Callaway Golf. He retained this position until June of 2011. [1]
Why do you want to partner with Callaway Golf?
And the excellence that comes with the Callaway name makes for a good partnership with us, an upstart in the golf world, and show that we’re dedicated to being as good as we can be for our business, yes, but mostly for our guests.
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How was Callaway Golf founded?
Founded in 1982, Callaway Golf launched after former textile and wine businessman Ely Callaway purchased a share in the Hickory Sticks USA golf company.
Who started Callaway Golf clubs?
Ely CallawayEly Callaway, a versatile and charismatic business leader who founded the Callaway Golf Company, the world's largest maker of golf clubs, died yesterday at his home in Rancho Santa Fe, Calif. He was 82.
How long has Callaway been in business?
Item 1. Callaway Golf Company (the “Company” or “Callaway Golf”) was incorporated in California in 1982 and reincorporated in Delaware on July 1, 1999. In 1997, the Company acquired substantially all of the assets of Odyssey Sports, Inc., which manufactured and marketed the Odyssey brand of putters and wedges.
Who is Callaway Golf owned by?
Answer. Started by Ely Reeves Callaway Jr in 1982, Callaway Golf is one part of the Callaway Family interests.
What is the oldest golf brand?
Andrews Golf Co.Andrews Golf Co. is the oldest golf manufacturer in the world and the only remaining manufacturer in Scotland. While they don't have the big name of other brands such as Titleist or Callaway, they have found a way to stay in business since 1881.
When was Callaway founded?
1982Callaway Golf Company / FoundedFounded in 1982, Callaway is renowned for developing innovative products that help golfers hit longer and straighter shots from tee to green; controlled, higher-spinning shots around the green; and smooth, accurate putts.
What is the biggest golf company?
Callaway Callaway Golf is the largest golf equipment manufacturing company in the United States, specializing in golf clubs, bags, balls, apparel, and gloves. Callaway has a well-established brand identity and is known for producing premium golf equipment.
What is Callaway named after?
Ely Reeves Callaway Jr1. Callaway Golf was founded in 1982 and was named after Ely Reeves Callaway Jr, an American entrepreneur.
Is Taylormade owned by Callaway?
TaylorMade Golf Company is an American sports equipment manufacturing company based in Carlsbad, California, United States....TaylorMade.TypeSubsidiaryHeadquartersCarlsbad, California , U.S.Key peopleDavid Abeles (CEO)ProductsGolf clubs, balls, clothingParentCentroid Investment Partners5 more rows
Who owned Topgolf before Callaway?
The Jolliffe brothers and a licensee developed the first three Topgolf locations in the United Kingdom beginning in 2000. The U.S. licensee, with WestRiver Group as the lead investor, brought Topgolf to the U.S. in 2005 with the opening of Topgolf Alexandria.
What brands do Callaway own?
Callaway Golf Company is a premium golf equipment and active lifestyle company with a portfolio of global brands, including Callaway Golf, Odyssey, OGIO, TravisMathew and Jack Wolfskin.
Is Cleveland owned by Callaway?
Cleveland Golf is owned by SRI Sports Limited, a subsidiary of Sumitomo Rubber Industries Ltd., specializing in golf equipment. Based in Huntington Beach, California, Cleveland Golf began as a company known for producing replicas of classic golf clubs.
When did Callaway Golf become the biggest seller?
When sales exceeded $550 million, Callaway Golf became the world's biggest seller of irons and woods in 1995. With so much success, the company decided to form its golf ball division in 1996. Swing guru David Leadbetter joined the company and Callaway partnered with golf club maker Roger Cleveland to develop a line of Tour-quality wedges.
When did Callaway putters start?
In 1986 , Callaway became the first golf equipment maker to install computer-run milling machines. The technology was first applied to their putters to ensure a uniformly flat putting face. That same year, Helmstetter became the head club designer.
What is Callaway golf?
Callaway golf was the largest golf manufacturer in the world as it continued to improve its popular "X" series irons and carbon-fiber technology. Major touring professionals, including Phil Mickelson and the LPGA's Morgan Pressel, played Callaway clubs and won Major championships with the clubs, sealing the company's status through the middle part of the 2000s. In 2008, the company rolled out "i-bird" hybrid clubs for men and women as well as the "I-MIX" technology, which allows golfers to easily switch out some clubheads and shafts.
What is the R insert on a Callaway Odyssey?
In 2002, Callaway announced the introduction of its exclusive black Stronomic (R) insert technology in the Odyssey DFX putters. These putters provided a pleasant sound and feel at impact as they were reformulated for the newer two- and three-piece balls.
What year did Callaway sell the Big Bertha?
By 1992 , Callaway sales topped at $130 million and the Big Bertha became the most-used club on the Senior, LPGA and Hogan Tours. In the next few years, top players on all three tours, including Johnny Miller, Annika Sorenstam and Jim Colbert, won with Callaway clubs.
What happened to Ely Callaway?
While the turn of the century brought a ton of success, Ely Callaway received a pancreatic cancer diagnosis, retired as president and CEO and died in 2001.
When did Callaway stainless woods come out?
The irons were the first clubs to feature the technology, which later appeared in the first Callaway stainless woods in 1989. Between 1988 and 1989, the company's sales more than doubled, from $4.8 million to $10.4 million.
Callaway Golf Company History Timeline
After buying into the company for $400,000 in 1982, Callaway renamed the company Callaway Hickory Stick and personally sold clubs out of the trunk of his car.
About Callaway Golf
The company was established as the "Toro Motor Company" in 1914 to build tractor engines for The Bull Tractor Company,
Why is Callaway Golf so popular?
That is why Callaway Golf tries to design, create, build and sell the most forgiving golf clubs in the history of the game--giving more golfers more opportunities to hit a few additional 'great' shots each round. Callaway Golf intends to continue to grow the game by helping people enjoy the game. --Ely Callaway, founder, January 2001
Who made the hickory stick golf club?
The club was made by Hickory Stick, a tiny California company run by two entrepreneurs, Richard Parente and Dick De La Cruz. Callaway liked the golf club so much that he called up its manufacturers to tell them so. Parente and De La Cruz, short of money and looking for someone to invest in their company, asked Callaway for help. In 1984 Callaway purchased the small enterprise at the bargain basement price of $400,000, and pinned his own name to the company.
What is the ticker symbol for Callaway Golf?
Ticker Symbol: ELY. NAIC: 33992 Sporting and Athletic Goods Manufacturing. Company Perspectives: Callaway Golf has always believed that the way to grow the game of golf is to make it more enjoyable for the average golfer.
How much did Callaway make in the 1990s?
By the late 1990s, Callaway's sales had risen to over $800 million, up from only $5 million a decade earlier. The company's production facility churned out expensive clubs, running three shifts six days a week. Every golfer knew the Big Bertha, and a score of famous amateurs accepted Callaway stock as recompense for appearing in advertisements for the club. Entertainers including rock star Alice Cooper and Canadian singer Celine Dion endorsed the Big Bertha. Even computer mogul Bill Gates took time off from running Microsoft to appear in a Big Bertha commercial. By 1998, Callaway claimed that almost 70 percent of all professional golfers worldwide used a Callaway driver. The company held about a third of the U.S. driver market, and a company spokesperson told Golf Magazine (May 1998) that Callaway wanted 100 percent. Callaway's annual sales were double that of its nearest competitor, and the company hoped to break the billion-dollar mark soon.
When did Callaway Golf add golf balls?
The History of Callaway Golf Balls. Callaway Golf has been a leading golf equipment manufacturer for many years, and in 2000, the company added golf balls to its product line.
What golf balls were made in 2010?
2010 Golf Balls. The 2010 line of Calloway balls is led by the company's premium four-piece Tour i (s) and Tour i (z) balls, which feature soft urethane covers and deliver tour level performance.
What year did Callaway make the Big Bertha?
By 1990 Callaway had broadened its appeal by releasing a number of different models of metal woods and irons. In 1991 Callaway introduced its breakthrough product, the Big Bertha driver, which by 1995 was the most-used driver on every professional golf tour as well as a favorite with amateurs, according to Callaway's website.
How much did Callaway sell in 2009?
Sales grew in the following years, and in 2009, Callaway sold $180 million worth of golf balls, about 1/4 of the company’s total sales. This moved Callaway into second place among ball manufacturers but well behind Acushnet, makers of Titleist, which continues to capture over half of the billion-dollar-a-year golf ball market as of 2010.
Who are Callaway competitors?
Callaway's competitors in the golf ball market include established companies such as Spalding, Wilson and Titleist, which have been selling balls since early in the last century. Callaway’s innovative entry into the golf ball business helped it to quickly become one of the industry's sales leaders.
Who owns Callaway golf clubs?
Callaway golf is headed by Ely Callaway. He bought half of Hickory Stick USA and renamed it Callaway Hickory Stick USA. After purchasing it, he decided to hire the best people that would be an instrument in supporting his dream, the Callaway golf clubs.
What is Callaway golf?
Callaway Golf Clubs. The Callaway golf clubs are some of the most popular and also reliable types of golf clubs in the market today. There are so many people (particularly retired men) that are fascinated with golf today and it is no wonder why the Callaway golf clubs are now at, the peak of success in the world of golf clubs.
What is Callaway's most famous product?
While Callaway manufactures a full range of golf equipment, their clubs are their most famous product, mostly due to their innovative design. In the mid-eighties, the Carlsbad, California-based company introduced the over-sized 190 cm3 Big Bertha steelhead driver, which became an overnight success.
What is the last class of Callaway golf clubs?
The last classification for the Callaway golf club is called the Putters . The Putters have two models in its classification which are Callaway golf I-Trax Putter and tour Blue. The classification and models of Callaway Gold Club mentioned above are the ones that the firm manufactures.
What is a kick point in golf?
These “Kick Points” are actually the flexibleness of the club at a particular point which determines how the club will hit the ball and how much force will be required to strike.
What is a golf club?
The golf club is a Golf stick that is used to hit the ball as mentioned above. It is a long stick with the clubhead at the bottom. The Golf club is chosen on the basis of the golfer’s needs and playing strategies. The Club has a club and clubhead, which are individually important and both are important to players.
What is the game of golf?
Golf is a game played with a golf club and a ball. The general rules lie in the fact that a player needs to put the ball into a number of series of holes with the lowest possible strokes, called stroke play.
How much of Topgolf does Callaway own?
Callaway, which first invested in Topgolf in 2006, already owned 14% of the company. The terms of the merger imply Topgolf’s equity value at approximately $2 billion. So why did Callaway make the investment — and what does it mean for the future of both companies?
What percentage of people come to topgolf?
Here’s what we know: 49 percent of the people who come to Topgolf venues are, in fact, “golfers,” meaning they play more than one time a year, and there’s a lot for them to enjoy there. But most importantly, they can bring friends who are non-golfers and introduce them to the game in a very accessible way.
Is Topgolf good?
Topgolf is really good at the consumer experience and we’re not going to mess that up. We’re not changing your names, we’re not changing your teams. But we’re going to help them accelerate, to get even better at their own mission and values.
Where is Callaway Resort and Gardens?
Open since 1952, Callaway Resort & Gardens is nestled in the southernmost foothills of the Appalachian Mountains. Founders Cason and Virginia Callaway longed for a place where man and nature could abide together for the good of both.
What county is Callaway Resort in?
The surroundings of Cason and Virginia Callaway's Harris County home, Blue Springs, inspired them to create Callaway Resort & Gardens so the public could enjoy the beauty of this wonderful place as well.
