Top-Flite is an American brand of sports equipment, most recognized for its , created by Spalding in the 1920s. Spalding retained the brand until 2003, when it was purchased by Callaway; Callaway sold the brand to Dick's Sporting Goods in 2012.
History
Spalding's non-golf operations were acquired by the Russell Corporation in April 2003.
Later that year, soon after the Top-Flite Golf Company had filed for Chapter 11 bankruptcy, Callaway Golf Company announced its intention to purchase Spalding's Top-Flite, Strata and Ben Hogan brands for around $125 million.
Due to competition from
Adidas, the acquisition cost Callaway $169 million.
Callaway had already invested $170 million in its own plant in Carlsbad, California, this acquisition made it the second largest golf ball manufacturer at 22% of the market, behind only
Acushnet Company, owner of
Titleist.
In 2012, Callaway sold the Top-Flite brand to Dick's Sporting Goods, citing declining sales,
Sources
External links