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Web Street Golf Daily Pulse

VOLUME 1, NUMBER 221

Friday, November 12, 2010

ANY IDEA WHO SAID THIS? “I am en route to see my doctors and excited to get a game plan to get better. Pain sucks!”

ON THIS DAY: In 1995, Fred Couples and Davis Love III won the World Cup—the first major golf event in China.

NEW SHERIFF: Could there be some new rules coming for golfers? If you subscribe to the notion of justifying your existence, than the safe bet would be yes as the United States Golf Association has appointed Thomas C. Pagel as Director, Rules of Golf. His primary responsibility will be to coordinate the Rules-writing efforts of the USGA Rules of Golf Committee.

Pagel joins the USGA from the Utah Golf Association, where he served as executive director for the past two years, overseeing all aspects of membership and championship administration.

He previously worked for the Colorado Golf Association, first as assistant director of rules and competitions, then as assistant executive director. Pagel has served as a Rules official at several USGA championships, including the 2010 U.S. Senior Open and the 2008 U.S. Amateur Public Links Championship. His appointment is effective January 1, 2011.

ANYTHING IS POSSIBLE: Include Mizuno Corp as another equipment company in golf that has found a way to preserver. The company in reporting its financial results listed improvements in the golf sector despite the challenges of a worldwide economy. READ MORE>>>

STYLE AND SUBSTANCE: Callaway Golf announced its 2011 line of footwear products that promises unmatched portfolio of technology and authenticity. Headlining Callaway’s latest collection is a temperature regulating system from Outlast Technology. According to the company, this high performance system continuously interacts with the human body’s microclimate and the outside environment to moderate the player’s foot temperature. This constant regulation helps reduce perspiration by as much as 44%, keeping the foot dry and comfortable and decreasing the chance for blisters or discomfort, Callaway said. The majority of models in the 2011 line have added insoles from OrthoLite, which is considered a leader of open cell foam insoles, the company said. OrthoLite insoles feature enhanced breathability, moisture control, anti-microbial properties and long-term cushioning.

“Callaway is proud of the unparalleled technology and styling available throughout the 2011 footwear line,” said John Melican, Senior Vice President, Soft Goods, Licensing, and New Business, Callaway Golf.  “We have re-imagined the footwear category this year and – as with every product developed by Callaway – we are dedicated to offering the ultimate in comfort and performance for golfers.”

The line also features other proprietary technologies for the purpose of contributing to optimal performance on the course. For example, the Callaway Comfort Tech Gel Tongue uses injection molded gel tubes to disperse lace pressure more uniformly across tongue’s surface. Under the ball, heel and midsole of the shoe, Callaway Comfort Tech Gel Pods are strategically placed into the contoured footbed to relieve pressure and provide comfort where golfers need it most. Rounding out the Company’s proprietary offerings, XWT, or Xtra Width Technology, allows golfers to adjust the shoe’s width by removing the XWT forefoot pads from the insole.

For men, key models for 2011 include the FT Chev Blucher (MSRP $229.99), a high performance model with tour styling that is said to be already popular with pro players on Tour.  Also the lightweight and athletic looking Hyperbolic XL (MSRP $169.99) returns to the line with significant comfort upgrades for 2011, Callaway said.  For women, the fashionable Moc (MSRP $119.99) model has been influenced by Italian fashion trends, while the ultra-lightweight Solaire (MSRP $69.99) shoes feature a ventilated design.

FOOTBALL OVER GOLF: The future of the Irish Open was plunged into doubt yet again when mobile phone giants 3 announced on Friday that it will not be renewing its sponsorship deal for a third year. In a statement, the company said, “following two successful years sponsoring the Irish Open and approximately 8 million euro worth of investment” and following “a review of its sponsorship portfolio, a decision was taken to streamline activities.” READ MORE>>>

TOUGH TIMES: They largely go unnoticed to the public, yet they play a critical role to the industry and the experience everyone anticipates upon teeing it up. Its been said the first cut is the deepest, yet additional ones rarely are less painful, especially when it comes in a series. James R. Fitzroy, Golf Course Superintendents Association of America President announced significant staff cuts. “The economic recession, particularly in the golf industry, has been deep and severe. Since 2008, GCSAA has reduced expenditures $5.4 million with the objective of having the least amount of impact on members as possible. Earlier this year, the GCSAA Board of Directors conducted an extensive strategic planning session to review our mission and vision, and chart our path for the upcoming years,” he stated in a letter to members.

“I am announcing a series of significant actions that will result in reorganization of GCSAA programs and services. Unfortunately, it will also result in reduction of staff. In the last three years, we have reduced staff from 122 to 85, so taking these additional steps places additional responsibility on those that remain. Working with interim CEO Rhett Evans, we will continue to focus on those areas we have deemed to be a priority. There is no denying that we will discontinue some activities and reduce the magnitude of others as we manage the association through this difficult period. But the reductions are also necessary to create the capacity to expand into areas of significant opportunity such as field staff, continued international expansion, advocacy/outreach and professional development, among others.

THANKS FORE THE SUPPORT: GolfStyles Media Group, the publisher of several leading regional golf magazines, has named The Antigua Group as a major sponsor of its 2011 tournament series and the exclusive apparel provider for its new tournament services division. "GolfStyles is proud to have the distinguished Antigua brand as an exclusive marketing partner in 2011. Golfers know and trust the Antigua name and we are pleased to have our tournament players wear Antigua apparel," said Michael Keating, publisher of GolfStyles Media Group.

WHERE THE PROS PLAY: aboutGolf, an in indoor golf simulator technology-announced today the release of TPC Scottsdale, now exclusively available for the company's PGA TOUR Simulator as part of its partnership with the PGA TOUR. READ MORE>>>

WEB GEMS:

AYE, LADDIE: Talk across the pond implies two relatively new venues are vying for next year’s Barclays Scottish Open. It would further imply that each of these courses are hopeful that national, if not more so international exposure might lead to filling up the successful candidate’s tee sheet based on the pictures and words devoted to it. The impetus for the marketing strategy would be to get as many eyeballs as possible directed to the property for the week of the event and hope for it to inspire the public to make a visit. READ MORE>>>

EVERYBODY IS A FAN: Despite reports that the Australian Masters wouldn't tolerate any trash talk directed at Tiger Woods, he was taunted by two women during the opening round at Victoria Golf Club. The women, dressed in white tops, skirts and sun visors with their cell phone numbers on them, caught Woods' attention as walked from the 15th tee. "Call me Tiger!" one of the girls said as she got within earshot of Woods, according to The Sydney Morning Herald. READ MORE>>>

MONEY WELL SPENT? His impending loss is bound to add fuel to the debate over the $3 million appearance fee - half contributed by the Victorian government - paid to secure his appearance in Melbourne, particularly when leading Australian players were offered nothing. READ MORE>>>

LAST BUT NOT LEAST: If you like what you have seen with the Daily Pulse, help spread the word. Pass along your copy. Its free and all anyone needs to do is send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it asking to be put on the distribution list. It is a complete opt in or out system.

BEFORE WE GO: If you feel like you may have missed something from a back issue feel free to check out the archive section of the Daily Pulse, which includes an easy to use word search!

ANSWER: Michelle Wie via her Twitter account.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY O AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

Last Updated (Friday, 12 November 2010 12:21)

 


Web Street Golf Daily Pulse

VOLUME 1, NUMBER 220

Wednesday, November 10, 2010

ANY IDEA WHO SAID THIS? “He is, I guess, the No 2 player in the world right now but he is the best player in the world.”

ON THIS DAY: In 1990, David Peoples won the Isuzu Kapalua International by five strokes.

In honor of the men and women who gave the ultimate sacrifice in the name of their country, the Daily Pulse will not be published on November 11th, Veterans Day in the US and Remembrance Day in the British Commonwealth. Thank you all that have served and to those who continue to keep the world safe.

MARKET INTEL: Fairway & Greene has introduced its own EDI Replenishment technology into the golf marketplace. EDI (electronic data interchange) allows for the sharing of real-time inventory data by retailers with manufacturers for the purposes of continuous replenishment of retailers inventory by manufacturers. Fairway & Greene’s version is called, “Clubhouse Classics Replenishment Program (CCRP)” and it ties the point of sale system directly to Fairway & Greene and transmit orders based on stock levels and actual sales, the company said.

“With the industry going through remarkable change the last few years driven by the difficult economic conditions, the one common theme for both wholesalers and retailers is tighter control on inventory levels,” said Andy Bell, President of Fairway & Greene. “By working with our customers and the CCRP technology, we can both better plan our inventories and ensure we have the right product at the right time to capture every sale on our basic items.”

The system enables customers to identify their key styles and colors from the broad range of in stock products Fairway & Greene warehouses every day and establishes minimum stock levels for each style. It completely automates the “count and fill” process to ensure its customers are never out of large white knit or size 36 khaki short.

“F&G’s auto replenishment program will be key to helping me maintain or grow turns even in today’s retail climate,” said Barbara Sanger, retail merchandiser for the Vaquero Club in Westlake, Texas. “I will be assured I will always have the sizes and colors I need on the shelf ready to sell with little added man power to ensure all sizes and colors are available at all times.”

Bell exudes excitement about the program and says the benefits will reach many areas in the company.

“The system was built specifically for our green grass accounts so we were able to include key features like the ability to alter stock levels to match the seasonality of a particular customers business,” Bell said. “We realize our customer in Arizona has different needs than our customer in New York. We were also able to build in minimum unit requirements to keep freight costs in check. The system won’t order one unit every time something gets sold. Instead, it pools the sales until a minimum level is achieved and then automatically transmits the order to replace the units on the floor.”

AN 11? If a picture is indeed worth a 1,000 words, then TaylorMade fans will have a lot to talk about with the first glimpse of the R11 driver. It would appear that Cobra’s Ian Poulter might not be the only one sporting a unique look in a driver. SEE MORE>>>

FAILING GRADE: A multimillion-dollar budget mess at the University of New Mexico's Championship Golf Course has got the school's links very deep in the hole. "It is for both golf courses, and the deficit is over $4 million," UNM spokesperson Susan McKinsey said. "The number of rounds being played at the championship course since 2006 are down 26 percent." READ MORE>>>

WEB GEMS:

IT COULD BE IN THE CARDS: According to PGA Tour rules, if McIlroy drops his membership he will be limited to 10 appearances at sanctioned or co-sanctioned official U.S. events per season over the next five years, which includes the four majors and three official World Golf Championships events, said Andy Pazder, the PGA Tour's senior vice president of tournament administration. READ MORE>>>

PUSH ME, PULL ME: "I have a house over in the States and my family is well settled over there, but then you can't deny playing two tours is becoming increasingly difficult, especially with the European Tour number you have to play going up to 13 from next year." The European Tour decided last month to increase the number of mandatory events to retain Tour membership from 12 to 13. "It was 11 two years ago before it went to 12 and now it's up to 13, and that's on top of having to play the mandatory 15 across the pond," Poulter added. "Hopefully, it doesn't get any more difficult as I will have to make a decision myself." READ MORE>>>

THANKS FOR THE MEMORIES: Phil Mickelson plans to start the 2011 in the desert, as he has done so often in his career. Just not the California desert. This figures to be the second straight year that the Bob Hope Classic gets more attention for who’s not there. READ MORE>>>

LAST BUT NOT LEAST: If you like what you have seen with the Daily Pulse, help spread the word. Pass along your copy. Its free and all anyone needs to do is send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it asking to be put on the distribution list. It is a complete opt in or out system.

BEFORE WE GO: If you feel like you may have missed something from a back issue feel free to check out the archive section of the Daily Pulse, which includes an easy to use word search!

ANSWER: Colombian Camilo Villegas who played with Woods in a skins game in Thailand on Monday.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY O AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

Last Updated (Wednesday, 10 November 2010 12:05)

 


Web Street Golf Daily Pulse

VOLUME 1, NUMBER 219

Tuesday, November 9, 2010

ANY IDEA WHO SAID THIS? “Honestly, going to the States, it's not really a part of my plans at the moment.”

ON THIS DAY: In 2003, Tiger Woods broke the consecutive made cut streak record with 114th at The TOUR Championship presented by Coca-Cola.

IT’S TOUGH BUT NOT IMPOSSIBLE: Another data point emerged that not all equipment products are necessarily equal in the eyes of consumers. Adams Golf (ADGF: NASDAQ), a company not known for its promotional behavior or for introducing products at usual times of the year to influence revenue patterns delivered double digits growth despite an economy that has hampered others. The Plano, TX, based company announced net sales of $19.7 million for the three months ended September 30, 2010, an increase of 13%, compared to $17.4 million for the 2009 third quarter. For anyone wondering whether its growth rate was enhanced by foreign currency transaction, the answer is no since 78% of its quarter revenues ($15.329 million) came from the US market

Adams Golf earned a net profit of $0.5 million in the third quarter compared to a loss of $5.5 million from a year ago. The loss during the three months ended September 30, 2009 included a $5.0 million one-time charge to settlement expense resulting from a class action lawsuit.

Year-to-date, through nine months, Adams Golf’s net sales are $73.6 million compared to $64.1 million in 2009, an increase of 15% year-over-year. It reported a net profit of $7.1 million compared to a loss of $10.3 million in 2009.

Among the reasons the company stated for its improved sales was its U.S. iron and metal wood market share measured in dollars. According to Golf Datatech LLC, in the combined On and Off Course Channels, the iron segment was 9.98%, up 18% year-over-year, while year-to-date wood dollar share was 5.42%, up 7% year-over-year.

"We are very pleased with our third quarter and year-to-date financial results," said Chip Brewer, CEO and President of Adams Golf. “Recent brand research shows that our brand strength is continuing to improve, as is purchase interest in our products. We continued to make progress on our brand development and market share objectives during the quarter.”

Brewer continued, "Overall market conditions for 2010 are better than 2009; however, the recovery has been muted and there appears to have been further softening in the third quarter. Looking forward, despite the sluggish current conditions, it feels as if market conditions are slowly improving and thus we maintain a cautious optimism that overall economic recovery and improving consumer confidence will bode well for the balance of this year and 2011. Regardless of the timing of any industry recovery, the most important consideration for Adams Golf is profitably driving further brand and market share growth, and we appear to be in good position to accomplish this.”

HAIL TO THE NEW CHEIF: The PGA of America unveiled its new slate of leaders at the association’s 94th Annual Meeting in Boston, turning its helm to president. READ MORE>>>

WEB GEMS:

FREEDOM OF SPEECH, NOT: Fans have been told that if they heckle him they will be ejected from the Victoria Golf Club. READ MORE>>>

END OF THE GRAVY TRAIN? Woods flew back to Melbourne yesterday and into a political storm over his $3 million appearance fee. The superstar's private jet had barely touched down when Opposition Leader Ted Baillieu declared that a Coalition government would not be spending taxpayer money to bring him back for future events. "He's welcome here and I'm sure he'll be a great asset to the tournament, but I don't think taxpayers need to fund him in a commercial tournament," he said. READ MORE>>>

THE GRASS ISN’T ALWAYS GREENER ON THE OTHER SIDE OF THE FENCE: Will the last one to leave America please turn out the lights. That is how it must have felt when Tim Finchem, the head of the PGA Tour, left China with another Dear John letter in his pocket. The author was Rory McIlroy, the 21-year-old headliner from Ulster, who on Monday joined world No 1 Lee Westwood and No 3 Martin Kaymer in electing not to take up Finchem’s offer of a US Tour card next year. READ MORE>>>

YOU GOT IT WRONG: Martin Kaymer’s manager, Johan Elliott with Sportyard management, told GolfChannel.com that he was misquoted in a recent report in London’s Daily Mail. READ MORE>>>

LAST BUT NOT LEAST: If you like what you have seen with the Daily Pulse, help spread the word. Pass along your copy. Its free and all anyone needs to do is send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it asking to be put on the distribution list. It is a complete opt in or out system.

BEFORE WE GO: If you feel like you may have missed something from a back issue feel free to check out the archive section of the Daily Pulse, which includes an easy to use word search!

ANSWER: Francesco Molinari after his win at the WGC HSBC Champions in China.

THE INFORMATION CONTAINED IS BELIEVED TO BE RELIABLE, BUT IT IS NOT GUARANTEED. THE OPINION EXPRESSED IS THAT OF TERRY O AND SHOULD NOT BE CONSIDERED A SOLICITATION TO BUY OR SELL SECURITIES IN ANY OF THE COMPANIES DISCUSSED WITHIN THIS NEWSLETTER. CONTENTS OF THIS NEWSLETTER MAY NOT BE REPRINTED OR REBROADCAST WITHOUT THE EXPRESSED WRITTEN CONSENT OF TMAC GOLF

 

Last Updated (Tuesday, 09 November 2010 13:00)

 
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