Topgolf Callaway news and archive

Jack Wolfskin acquired by Anta Sports for 260 million euros

German outdoor outfitter Jack Wolfskin is getting a new owner. The US-based group Topgolf Callaway Brands Corp. announced on Thursday that it intends to sell the brand to the Chinese sporting goods group Anta Sports Products Limited. A corresponding agreement has already been signed for a basic purchase price of 290 million dollars, which could...

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Jack Wolfskin parent company Topgolf Callaway slips into the red in third quarter

US retail group Topgolf Callaway Brands Corp. has closed the third quarter of the 2024 fiscal year with a drop in sales and red figures. The company, which includes the German outdoor equipment retailer Jack Wolfskin, subsequently lowered its annual forecasts, as management further confirmed plans to divest from the Topgolf golf simulator...