| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands," "we," "our," "us") (NYSE:MODG) today announced that it has extended its multi-year licensing agreement with Perry Ellis International, Inc. for the design, manufacturing and distribution of Callaway-branded golf and lifestyle apparel.
Under the amended agreement, the collaboration with Perry Ellis International, Inc.—originally signed in 2009—will continue through December 31, 2032. This agreement ensures a stable and long-term partnership for Callaway Apparel brand, one of the golf industry's leading performance-apparel franchises and underscores the continued momentum of the brand, which today enjoys broad global distribution across North America, Latin America, Europe, the Middle East and Africa, supported by an extensive network of premium retail, specialty and e-commerce partners.
The amendment also provides for the future introduction of a premium Callaway Apparel line, to be jointly developed and launched no later than 2028.
"Our partnership with Perry Ellis International continues to strengthen the reach and appeal of Callaway Apparel worldwide," said Chip Brewer, President and Chief Executive Officer of Topgolf Callaway Brands. "Extending this relationship reflects the continued success of the brand and our shared commitment to quality, performance, and innovation."
"Callaway Apparel's growth over the past five years reflects the power of the Callaway brand and our team's relentless drive to innovate," said Oscar Feldenkreis, Chief Executive Officer of Perry Ellis International. "This renewal underscores the strength of our collaboration and sets the stage for the next phase of global expansion, including the upcoming launch of a new premium line that brings together advanced performance materials and refined design."
Posted In: MODG
