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March 08, 2021


West Coast Port Delays Stagger Brands and Retailers

A perfect storm of rising demand, Covid hangovers and container and vessel shortages have stymied efforts by industry companies to land the inventory they need to replenish empty stores and warehouses.

Clarus Finishes Tepid Year with Strong Q4 Gains

Net income was down 43% to $7,069,000 from $12,387,000 in the final quarter as CLAR lapped a $10.4 million tax benefit last year, while revenues climbed 24% to $75,947,000 from $61,022,000.

Callaway Closes Topgolf Acquisition

ELY issued approximately 90 million shares to Topgolf shareholders to consummate the merger agreement announced last fall, following a nearly unanimous vote of approval from shareholders at a special meeting held Mar. 3.

Under Armour Sponsorship Purge Continues

Under Dog’s efforts to cut sponsorship commitments have reduced its obligations by nearly half since Patrik Frisk took over as CEO early last year.

Cool Clubs Acquires Hot Stix

The Scottsdale, AZ-based custom golf club fitter, which operates seven locations across the country, has acquired its cross-state competitor.

Yeti Sues RTIC Coolers for the Fifth Time

Yeti is suing RTIC, which is now known at RTIC Outdoors, for trademark infringement and also for breaching its 2017 settlement agreement that was reached after an earlier infringement action.

Etcetera: PGA Tour Superstore, Peloton

 
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