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Deleted member 18588
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The last adidas quarterly results showed the improvements made, since last year. Not saying they have reached the peak they had a few years ago, but let's face it adidas are offloading as the profit is not the same as clothing and footwear, and TM is pulling down their overall ratings.
The improvement was minimal to say the least and is quite common in a declining business (golf or otherwise).
i hope TM continue manufacturing clubs but if they do we can all be pretty certain that it will be a lower profile operation with tighter budgets for promotions (fewer Tour pro's) and control on the number of product launches,