TaylorMade news and archive

Amid legal action: F&F eyes acquisition of TaylorMade

After the launch of what was alleged to be a nonconsensual sales process for TaylorMade, F&F has now announced its intention to pursue a potential acquisition of the US golf brand. The company has appointed Goldman Sachs as its exclusive financial advisor to look into a takeover of TaylorMade, noting that it was assessing an “array of strategic...

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F&F considers legal options over “unilaterally initiated sale” of TaylorMade

Two Korean investors are battling over the ownership of golf apparel brand TaylorMade. South Korean fashion company F&F Co. Ltd. has accused private equity firm Centroid of “unilaterally” initiating a sale of the US brand “without obtaining F&F’s prior consent”. The move is “prompting serious concerns”, F&F said in a statement, with the company...

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Business|ANALYSIS

Is Adidas losing its swing? Golf business obscures group’s FY16 outlook

The athletic apparel group released its full-year 2015 results and 2016 outlook earlier this week. The German sportswear giant happily shared its full-year 2015 figures: net income at the Adidas Group grew 29 percent year-on-year. The group - which includes Adidas, Reebok, and TaylorMade brands - has enjoyed strong global sales rise for Adidas...