Home / Knowledge / News / Apparel/Garments / adidas Golf kicks off Wear in the World
adidas Golf kicks off Wear in the World
06
Jul '10
“We are proud to announce that our golf division TaylorMade-adidas Golf has achieved global market leadership and is now the biggest golf company worldwide,” Herbert Hainer, CEO of adidas AG said at the TaylorMade-adidas Golf Pro-Am Tournament in Herzogenaurach yesterday. During the tournament, hosted by Herbert Hainer, TaylorMade Tour Staff professionals Sergio Garcia, Paul McGinley and Retief Goosen played together with guests from sports, business and entertainment.

Taking global market leadership, TaylorMade-adidas Golf is the number one in terms of sales, bolstered by TaylorMade being the unrivalled market leader in the key golf category – metalwoods – in the world's biggest golf market, North America. In addition, adidas Golf together with Ashworth has become the global market leader in golf apparel. Also golf ball market share at the end of the first quarter 2010 has doubled compared to the prior year.

In the first quarter of 2010, TaylorMade-adidas Golf revenues increased by 16% on a currency-neutral basis – rising from € 194 million to € 223 million in euro terms in the prior year. Since the acquisition by the adidas Group in 1997, TaylorMade-adidas Golf sales have increased continuously, most recently increasing to € 831 million in 2009.

“Innovation and cutting-edge design have always been the main growth factors for our golf equipment and apparel brands,” said Mark King, “We fully expect this success story to continue.” Earlier this year, TaylorMade launched new drivers such as the Burner SuperFast TP or the R9 SuperTri. In addition, since the acquisition of Ashworth in 2008, the apparel product offering is now also expanding into the lifestyle segment.

Also in Herzogenaurach, adidas Golf kicked off its biggest digital campaign ever: Wear in the World. Two job candidates set off on a journey across nine countries on three continents in 50 days where they will be testing adidas Golf apparel under some of the world's most extreme weather conditions. Both candidates will share their experiences online via social media channels such as Facebook or Twitter. The winner will be offered a job to become TaylorMade's Social Media Catalyst.

Founded in 1979 and headquartered in Carlsbad, California, TaylorMade-adidas Golf comprises three golf brands under one roof: TaylorMade markets all major golf products including metalwoods, irons, hybrids, wedges, putters and balls. adidas Golf is a leading supplier of high-performance golf footwear and apparel. Ashworth is an authentic golf-inspired lifestyle brand and complements adidas Golf's profile. TaylorMade has been part of the adidas Group since 1997.

The adidas Group is one of the global leaders within the sporting goods industry, offering a broad range of products around three core segments: adidas, Reebok and TaylorMade-adidas Golf. Headquartered in Herzogenaurach, Germany, the Group has more than 39,000 employees and generated sales of EUR 10.4 billion in 2009.

adidas AG

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search