SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More
Advanced
Home About Us Advertise With Us Marketplace/Classifieds College & University Program Subscribe/Trial My Account

Wednesday
October 25, 2006
Print This Issue


 
MOST VIEWED STORIES
  1. Franchise Notes
  2. San Diego State AD Jeff Schemmel Resigns
  3. Boras, Manfred Talk About Finances Escalate
  4. People & Personalities
  5. Ticket Package Offered For Flyers, 76ers
View the top 20 stories
 
Recent Issues
Finance

MacGregor Golf To Acquire Greg Norman Collection

 
MacGregor Golf has agreed to acquire the Greg Norman Collection (GNC) apparel business from the adidas Group. In addition, Greg Norman has purchased a significant stake in MacGregor and will serve on the company’s BOD, where he will take on a proactive role with sales and marketing, product development and int’l distribution. The companies will maintain their own corporate offices, and MacGregor Golf President Reid Gorman and GNC President & CEO Suzy Bisantz will keep their current roles. adidas AG Chair & CEO Herbert Hainer said in a statement the Greg Norman brand is “not core in the scope of our global golf strategy. Due to its limited integration opportunities and small size, we were open to sell the business unit to golfer Greg Norman and the MacGregor Golf Company” (MacGregor).

Print This Article

Get A Free Trial To SportsBusiness Daily

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company Related Stories By Sport
Legends Tour Trying To Spread Word Of League
November 20, 2009 : SportsBusiness Daily

Wegmans Sponsoring '10 LPGA Championship
November 19, 2009 : SportsBusiness Daily

Quail Hollow Named PGA Tour Best Event
November 19, 2009 : SportsBusiness Daily

LPGA Looks To Brighter Days Ahead
November 18, 2009 : SportsBusiness Daily

Michelle Wie's First Win Lifts LPGA
November 17, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION


Go To Facilities & Venues

A Publication of Street & Smith's Sports Group.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (REVISED 2009-06-23) and Privacy Policy (REVISED 2009-06-23).

© 2009 Street & Smith's Sports Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Street & Smith's Sports Group.