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Adams Golf history
Adams Golf company history timeline
In 1994, the company was hoping to collect $500,000 in sales, putting Adams Golf in a different league than the industry's leaders, whose annual revenue totals were 1,000 times greater.
1995 Debut of Tight Lies
In May 1998, however, the company scored a coup of sorts, forming what it called a lifetime relationship with Nick Faldo.
In July 1998, the company's lackluster profitability became an evident weakness when Adams converted to public ownership.
Touting itself as a major golf equipment company also required a sponsorship deal with a high-profile touring professional, the financial reality of which had long eluded the company and still--in 1998--seemed to be beyond Adams Golf's financial ability.
During the first six months of 1998, the company reached agreements with 33 distributors whose territory encompassed 39 countries.
In early 1999, Adams Golf acquired the golf club distribution business of its exclusive distributor in the United Kingdom, a company called Dimensions in Sport, Ltd.. The acquisition was renamed Adams Golf U.K., Ltd. and organized as a wholly owned subsidiary of Adams Golf.
In 1999, fairway woods generated 63 percent of sales, with drivers&mdash′eviously a nonexistent product category&mdashcounting for 32 percent of sales.
The Tight Lies family of clubs was extended further with the introduction of the Tight Lies 2 driver in January 2000, incorporating the same technology used in the fairway woods.
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Adams Golf competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Bridgestone Golf | 1931 | $89.2M | 225 | - |
| Cutter & Buck | 1990 | $41.6M | 200 | 4 |
| PXG | 2014 | $6.6M | 284 | - |
| PING | 1959 | $300.0M | 293 | 1 |
| Club Car | - | $432.5M | 1,000 | 92 |
| Superior Group of Companies | 1920 | $543.3M | 6,000 | 27 |
| TURA | 1938 | $15.0M | 100 | - |
| MyFoodPRO | 1997 | $25.0M | 136 | 4 |
| Raleigh Bicycles | 1887 | $8.1M | 100 | - |
| Rocky Boots | 1932 | $453.8M | 1,600 | 31 |
Adams Golf history FAQs
Zippia gives an in-depth look into the details of Adams Golf, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Adams Golf. The employee data is based on information from people who have self-reported their past or current employments at Adams Golf. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Adams Golf. The data presented on this page does not represent the view of Adams Golf and its employees or that of Zippia.
Adams Golf may also be known as or be related to ADAMS GOLF INC, Adams Golf and Adams Golf, Inc.