Home / Knowledge / News / Apparel/Garments / Hilco sells Tommy Armour to The Sports Authority
Hilco sells Tommy Armour to The Sports Authority
29
Apr '10
Hilco Consumer Capital and The Sports Authority, Inc announced the sale of all intellectual property, trademarks and third-party licensee agreements of HCC's Tommy Armour Golf business to Sports Authority.

The worldwide trademarks included in the sale were the core Tommy Armour and RAM marks, as well as Zebra, 845, Silver Scot and TearDrop, all of which are brands well-known and respected by golf enthusiasts and the golf industry.

Prior to the acquisition, Sports Authority had been selling Tommy Armour branded products across its chain of over 450 U.S.-based sporting goods stores under an exclusive license agreement with Hilco dating back to September, 2007. Sports Authority had also provided product design and development guidance to third-party licensee manufacturers of golf clubs, related equipment and apparel. HCC and co-investor, Crystal Capital, acquired Tommy Armour from Huffy Corporation in August, 2007.

According to David Campisi, Chief Executive Officer and President of Sports Authority, "Sports Authority has had strong positive consumer reaction to these branded products. We are very pleased with the acquisition and are confident these brands will facilitate the continuing growth of our golf business. Sports Authority appreciates its strong working relationship with HCC."

HCC will continue to work with Sports Authority over the next several months to ensure a smooth transition of the business. Terms of the deal have not been disclosed, however according to Eric Kaup, CEO of HCC, "The Sports Authority has been a great partner and is the right company to take this terrific golf brand to the next level."

Hilco Consumer Capital


Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X