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QUESTIONS AT HEAD SPORTSWEAR; IS HEAD GOLF ON THE MARKET?
Published July 11, 1995
Head Sportswear President & CEO Jack Dougherty has denied rumors the "upscale tennis and golfwear manufacturer is for sale by parent company Austria Tabakwerke." Dougherty said that Austria recently invested $90M into Head, and "clothing is an important part of that." Head has moved their production and design facilities to Princeton, NJ, while warehousing and administration remain in Columbia, MD. Thom Hamacher, VP/Tennis Apparel, said Head "will protect its specialty line sold through specialty outlets and select department stores." Head's new Sabatini collection hits stores November 1 (Sandy Dolbow, TENNIS BUYER'S GUIDE, 7/95 issue). Head Golf is shipping all of its clubs out of their Boulder, CO, headquarters, according to GOLF WORLD. The company's Fort Worth, TX, facility closed last month and sources say Head Sports, parent of Head Golf, "has been talking with several potential buyers for its golf equipment division" (GOLF WORLD, 7/7 issue).