Jack Wolfskin helps Callaway to strong first hal - sportstextiles: Lea SportsTextiles

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Jack Wolfskin helps Callaway to strong first half

12/08/2019
Callaway Golf Company achieved net sales of $963 million in the first half of 2019, an increase of more than 20% compared to the same period of last year.

German outdoor brand Jack Wolfskin, which Callaway acquired in January, contributed revenue of $141 million in the first six months of the year. This helped the group’s apparel sales to nearly triple in size year-on-year.

This more than made up for weakness in Callaway’s core golf club business, which saw a 1% decline in sales. 

Addressing the strong performance of the Jack Wolfskin brand, Callaway CEO Chip Brewer said: “We are pleased to see this clear sign of progress and we remain excited about the long-term prospects for the Jack Wolfskin brand and the growth and scale opportunities it presents for our overall global apparel portfolio.”

Related stories:

Callaway takes control of Japanese joint venture 04/06/2019
Callaway has expansion plans for Jack Wolfskin 08/03/2019
Callaway seals deal for Jack Wolfskin 07/01/2019
Callaway Golf to acquire Jack Wolfskin 03/12/2018
Callaway launches graphene-enhanced golf balls 30/01/2018
Acquisition brings apparel to the fore for Callaway 23/08/2017
Callaway Golf returns to profitability after six years of losses 03/02/2015

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