Thursday, May 17, 2012
Posted May 17, 2012, 8:53:00 AM CDT by trk.
CARLSBAD, Calif., May 17, 2012 - Callaway Golf Company (NYSE: ELY) today announced that its new upro mx+™ golf GPS device will be available in stores starting May 30th. The upro mx+ is the only golf GPS on the market that offers ProMode®, offering golfers actual aerial imagery and video flyovers of each hole for the most realistic view of the course. Golfers will be able to purchase this product at a new product introduction price of $249 with no additional fees. Each device will come with access to free and unlimited ProMode course downloads. "The upro mx+ device is the result of extensive listening to what golfers want out of a distance measuring device out on the course," said Dr. Alan Hocknell, Senior Vice President, Research & Development, Callaway Golf. "Active listening was followed by a lot of hard work to deliver an easy to use, meaningful experience that will help golfers see more and know more out on the course, and give them the confidence to hit better shots." A compact, three-ounce device boasting a full-color, 2.2" LCD touch screen, the upro mx+'s updated software also features Anypoint® Technology, which helps golfers strategically plan their upcoming shots. The Anypoint Technology feature shows yardage to any location selected on the hole, and the yardage left from that location to the green. Additionally, a Digital Scorecard allows golfers to track their scores and basic golf stats on the device, including fairways hit, greens in regulation and putts during each round. In addition to the device's introduction, Callaway has also enhanced features on its uxplore™ web site, www.callawaygolf.com/uxplore. UPRO users tracking performance on the device's digital scorecard will be able to automatically upload their scores and stats to the uxplore web site to view their historical performance and compare to other golfers in the community. Golfers will also continue to have access to all 25,000 courses in Callaway's online database to help get ready to play at a new course. These web-based features are available to upro mx+ GPS owners and those who register for free on the site and want to input their scores manually. The Callaway upro mx+ device is ready to use right out of the box, preloaded with 25,000 courses with BasicMode™ (yardage and hazard data) and GoMode™ (yardage data plus renderings of the greens and hazards). ProMode courses, which include hi-resolution aerial photography and video flyovers, can be downloaded from the Callaway uxplore site for no additional fee or subscriptions. For more information on the Callaway upro mx+, please visit www.callawaygolf.com/upromx+
Wednesday, May 16, 2012
Posted May 16, 2012, 7:48:00 AM CDT by trk.
The original Nike Method putter is back in black. Indeed, the premium milled putters that inaugurated the Method line a few years ago are now being extended with three new models with a sleek dark finish called Method Midnight. According to Nike, “The Nike Method Midnight putter is available in new milled head shapes with a dark chrome finish and will be offered in three new models: Method Midnight 006, 007, and 008.” The Nike Method Midnight 006 putter is an Anser-style blade with a crank-neck hosel. The 007 is a heel-toe weighted blade with a no-offset spud hosel, while the 008 (pictured above) is a small mid mallet with a distinctively notched flange. Like the original Method putters, including the one currently used by Tiger Woods, the Nike Method Midnight putters feature Nike’s proprietary ”polymetal groove technology,” which combines milled steel with “ported” polymer that is extruded through the putter face. The milled Method putters are not to be confused with the more affordable Nike Core Method putters, which feature a cast steel head and a polymetal grooved insert. Nike says that the polymetal groove technology “starts the ball with forward spin to minimize bounce and keep putts on line.” The original Method putter earned high praise from PutterZone.com upon release, and remains one of our favorite putters of the past few years, based on its rich, plump feel as well as its combination of milled quality and innovative technology. The Method putters have also notched numerous victories on the professional circuits, including three majors, and have correspondingly silenced some of the Nike haters. Based on the photos, the dark finish of the Midnight putters looks to be a nice touch. No word yet on if Nike will ever offer custom polymer groove colors. But if they do, sign us up for a Midnight putter with mint green grooves. Look for the Nike Method Midnight putters to be available in mid June for around $299.
Tuesday, May 15, 2012
Posted May 15, 2012, 7:18:00 AM CDT by trk.
Golf Town, the Canadian golf retailer owned by Omers Private Equity Inc., agreed to buy Golfsmith International Holdings Inc. (GOLF) for about $97 million to expand in the U.S. With this acquisition Golf Town is becoming the largest Golf retailer in the world, The cash transaction may be completed in the third quarter, the companies said today in a statement. The price of $6.10 a share is 30 percent higher than Austin, Texas-based Golfsmith’s closing price on May 11. The acquisition, which has been approved by both companies’ boards, would give Golf Town about 85 retail locations in the U.S. to complement its 54 stores in Canada. Golf Town started a U.S. expansion last year, adding six stores in the Boston area. The company now has seven units there. Golfsmith rose 28 percent to $6.03 at 9:58 a.m. in New York for the largest intraday gain since Jan. 13, 2011. The shares had gained 47 percent this year in trading through May 11. Omers Private Equity, based in Toronto, is the leveraged- buyout unit of the Ontario Municipal Employees Retirement System.
Thursday, May 10, 2012
Posted May 10, 2012, 11:15:00 AM CDT by trk.
  SOURCE: http://professionalathletehomes.com/2012/05/04/tiger-woods-lists-his-ocean-view-condo-in-ca-for-2-495m/ Golf extraordinaire, Tiger Woods, has recently put his ocean view condo in Corona Del Mar, CA on the market for $2.495M. According to Curbed.com, Woods purchased the Orange County condo back in 2004 for $3M. Although given the current market conditions, Tiger looks like he’ll be taking around a $500k loss on the property. Woods’ Orange County condo offers amazing unobstructed ocean views, along with views of Catalina Island and Ocean Boulevard from the 1st floor and master suite. The beach house has 2,000 sq-ft of living area with 3 bedrooms and 2.25 baths. It also includes a large patio and balcony areas, high ceilings throughout, a gourmet kitchen, surround sound, and tons of closet and storage space. Listed by Dana Lattanzio of Surterre Properties Inc. However, this Orange County beach house isn’t the only place where Tiger can relax and enjoy the ocean views. Woods’ also has a new $54.5M, 10 acre oceanfront estate on Jupiter Island, FL that consists of 5 buildings: the main house, a golf training studio, a guest house, a stand along garage, and a boathouse. There’s also a private golf course that includes 4 greens with bunkers, a fitness center, lap pool & diving pool, basketball and tennis courts, and a pair of boats docks for Woods’ 155ft yacht. Woods’ isn’t the only great athlete who calls Jupiter Island his home either. Basketball legend Michael Jordan has his own 3 acre estate with multiple buildings as well. Jordan’s 28,000 sq-ft main house along with 2-story guard house, guest house and pool house costs upwards of $20M, and is adjacent to the golf course in ‘The Bears Club’ community.                  
Friday, May 4, 2012
Posted May 4, 2012, 7:19:00 AM CDT by trk.
Carlsbad, Calif. (May 3, 2012) - TaylorMade-adidas Golf, the largest and most profitable golf equipment, apparel and footwear company in the world, today announced record sales of $508 million globally in the first quarter of 2012, a 32% increase on a currency-neutral basis over the prior year.
The success was driven by its 2012 product lineup, with all key categories growing at a double-digit rate. In the competitive metalwood category, TaylorMade saw particularly strong global sales, up 28%, fueled by high demand for the new line of RocketBallz and R11S metalwoods. Irons recorded outstanding growth, with sales increasing 63% in the quarter. Additionally, double-digit sales growth in other categories - putters (+17%), balls (+21%), footwear (+32%), apparel (+10%) and triple-digit growth in bags (+116%) - supported the stellar sales performance. These were just some of the highlights from the quarter's strong performance, which enabled TaylorMade-adidas Golf to almost double its operating profit compared to a year ago.
In February, TaylorMade-branded metalwoods set a new industry record for U.S. monthly market dollar share at 52%1). In irons, TaylorMade continues to solidify itself as No. 1 in U.S. market share1) for the 15th consecutive month.
"The consumer response to our products has been incredible and has catapulted our company into uncharted waters," said Mark King, President and CEO. "As golfers ourselves, it's extremely gratifying to bring products to market that golfers are excited about buying, and keeps us motivated to keep doing what we're doing."
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