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Ashworth (clothing)

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Ashworth Corporation
Type Public (NASDAQASHW)
Genre Sporting goods
Founded 1987
Headquarters Flag of the United States Carlsbad, California, USA
Key people Fred Couples, Primary Sponsor
Industry Textiles - Apparel Clothing
Products Apparel, Corporate products
Employees 12,800 (2006)
Website www.ashworthinc.com

Ashworth (NASDAQASHW) is a golf-apparel company, maker of Ashworth, The Game, Kudzu and Callaway Golf Apparel. On October 14, 2008, Ashworth was acquired by TaylorMade-adidas.

Contents

[edit] Target market

Ashworth focuses on both modern and authentic clothing geared towards use on the course.

[edit] Sponsorships

They currently sponsor Fred Couples, Stuart Appleby, Chris DiMarco, Rich Beem, Jim Nantz, Rick Smith,Nick Watney, and Steve Flesch.

[edit] Acquisition by adidas

On October 14, 2008, adidas, through its subsidiary TaylorMade-adidas Golf, acquired Ashworth for $1.90 a share. The purchase was for $72.8 million, which includes $46.3 million in debt from Ashworth that adidas will assume.[1]

[edit] References

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