Business of Golf
From its inception and subsequent temporary ban in Scotland to its evolution as the sport for business networking, Kipp steps up to the tee looking at the business of Golf.
April 4, 2011 4:21 by kippreport
Golf clubs have reportedly been suffering due to dwindling membership. Callaway Golf Co reported weak quarterly results, as lower volumes hurt gross margins, and said it sees the golf industry recovery being delayed well into this year.
Callaway posted a third-quarter loss of $20.9 million, or 33 cents a share, compared with a loss of $16.1 million, or 25 cents a share, in 2009.
Etisalat users redirected to Chinese site
Top 5 things to do in the UAE this weekend
Cold vs Hot: The festive season
Video: Renault races round The Dubai Mall
UAE announces New Year holiday