Top-Flite
| Product type | Golf equipment (balls, bags, gloves, accessories) |
|---|---|
| Owner | Dick's Sporting Goods |
| Country | USA |
| Markets | Sports equipment |
| Website | topflite-golf.com |
Top-Flite is a brand of sports equipment, most recognized for its golf balls, currently owned by Dick's Sporting Goods. Dick's purchased the brand from Callaway Golf Company.
Spalding became a division of the Russell Corporation in 2003[1]—exclusive of its golf operations (which included the Top-Flite, Ben Hogan Golf Company and Strata brands), which were eventually bought by the Callaway Golf Company later the same year.[2]
In 2003, Ron Drapeau announced Callaway Golf Company's intention to purchase Top-Flite Golf and its Ben Hogan Golf Company division soon after Top-Flite Golf filed for Chapter 11 bankruptcy.[3] Due to competition from Adidas, the acquisition cost Callaway Golf $169 million.[4]
In 2012, Oliver "Chip" Gordon Brewer III was named CEO of Callaway. Callaway sold the Top-Flite brand to Dick's Sporting Goods, citing declining sales,[5]
References
- ^ "Russell Is Buying Most Of Spalding Sporting Goods Unit". New York Times. April 18, 2003. Retrieved May 23, 2011.
- ^ "Callaway Golf Beats Out Adidas To Buy Top-Flite". New York Times. September 5, 2003. Retrieved May 23, 2011.
- ^ "SEC Filing". Topgolf Callaway Brands. 2003-06-30. Retrieved 2023-09-07.
- ^ "Company news; Callaway Golf beats out Adidas to buy top-flite". New York Times. September 5, 2003. Retrieved October 15, 2008.
- ^ Mike Stachura (April 4, 2012). "Callaway sells Top-Flite to Dick's". Golf Digest. Retrieved December 24, 2015.
