Printer Friendly
The Free Library
19,595,263 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Ashworth Brand Ranked Number One by Darrell Survey for the Tenth Consecutive Year.


CARLSBAD, Calif. -- Ashworth, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ASHW), a leading designer of golf-inspired lifestyle sportswear and golf apparel, today announced that it has again been ranked by the prestigious Darrell Survey as the number one brand in shirt usage among golf consumers. This is the tenth consecutive year that the Company has received the number one ranking.

The prestigious Darrell Consumer survey is conducted annually, and this year ranked Ashworth #1 in total shirt usage over all top competitors surveyed in 2005. Additionally, Ashworth captured the largest market share among players in the 0-5 handicap bracket.

"Ashworth is very proud of the fact that golf's core consumers remain loyal to the brand and have continued to elevate Ashworth to the prestigious #1 position for the past decade," commented Randall L. Herrel, Chairman and Chief Executive Officer of Ashworth, Inc. "The past 19 years have proven to be very successful for our brand on and off the course, leading the way in fashionable performance sportswear. Ashworth has remained a favorite among golfers, recognized as the one true authentic golf apparel brand and designed with the true golf enthusiast in mind, as proven by our showing among zero-to-five handicap golfers in the Darrell Survey. We anticipate a very successful 2006 with our launch of men's and women's exciting performance wear AWS AWS Amazon Web Services
AWS American Welding Society
AWS Advanced Warning System
AWS Advanced Wireless Services
AWS Automatic Weather Station
AWS Alien Workshop (skateboard company)
AWS Austria Wirtschaftsservice GmbH
 (Ashworth Weather Systems), which is making its in-store debut in spring of 2006. This unique 3-layer performance system utilizes highly innovative technical fabrications and treatments specifically designed to enhance play in any climatic condition. In addition, Ashworth's complete line of EZ-Tech(TM) products will be among our leading new offerings in 2006 as we continue to offer the highest quality in this 100% cotton easy-care product."

Ashworth, Inc. is a designer of men's and women's golf-inspired lifestyle sportswear distributed domestically and internationally in golf pro shops, resorts, upscale department and specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise
shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod"
 and to corporate customers. Ashworth products include three main brand extensions. Ashworth Collection(TM) is a range of upscale sportswear designed to be worn on and off course. Ashworth Authentics(TM) showcases popular items from the Ashworth line. Ashworth Weather Systems(R) utilizes technology to create a balance between fashion and function in a variety of climatic conditions. Callaway Golf is a trademark of Callaway Golf Company Callaway Golf Company is an American golf company based in Carlsbad, California. They manufacture woods, irons, wedges, putters and golf balls and license its name for apparel, footwear, timepieces and accessories. . Ashworth, Inc., 2765 Loker Avenue West, Carlsbad, CA 92008 is an Official Licensee of Callaway Golf Company.

In July 2004, Ashworth, Inc. acquired Gekko Brands, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 ("Gekko"), a leading designer, producer and distributor of headwear head·wear  
n.
A hat or other covering for the head.
 and apparel under The Game(R) and Kudzu kudzu (kd`z), plant of the family Leguminosae (pulse family), native to Japan. (R) brands. This strategic acquisition provides opportunity for additional growth in three new, quality channels of distribution for the Ashworth and Callaway Golf apparel brands as well as further growth from The Game(R) and Kudzu(R) brands' sales into the Company's three current distribution channels. The Game(R) brand products are marketed primarily under licenses to over 1,000 colleges and universities, as well as to the PGA TOUR The PGA Tour is an organization that operates the USA's main professional golf tours. It is headquartered in Ponte Vedra Beach, Florida, USA. Its name is officially rendered in all caps as “PGA TOUR". , resorts, entertainment complexes and sporting goods Noun 1. sporting goods - sports equipment sold as a commodity
commodity, trade good, good - articles of commerce

sports equipment - equipment needed to participate in a particular sport
 dealers that serve the high school and college markets. The Game(R) brand is one of the leading headwear brands in the College/Bookstore distribution channel. The Kudzu(R) brand products are sold into the NASCAR/racing markets and through outdoor sports distribution channels, including fishing and hunting.

To learn more, please visit our Web site at www.ashworthinc.com.

This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 related to the Company's market position, finances, operating results, marketing plans and strategies. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no responsibility to publicly release the results of any revisions to these forward-looking statements that may arise from changing circumstances or unanticipated events. These statements involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks include the timely development and acceptance of new products, as well as strategic alliances, the integration of the Company's recent acquisition, the impact of competitive products and pricing, the success of the Callaway Golf apparel product line, the preliminary nature of bookings information, the ongoing risk of excess or obsolete inventory Obsolete Inventory

Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry. This type of inventory has to be written down and can cause large losses for a company.
, the potential inadequacy of booked reserves, the timely completion and successful operation of the new distribution facility in Oceanside, CA, and other risks described in Ashworth, Inc.'s SEC reports, including the report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended October 31, 2004 and Form 10-Q's filed thereafter.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Nov 8, 2005
Words:738
Previous Article:American Mortgage Acceptance Company Reports Financial Results for the Third Quarter of 2005.
Next Article:Dairy Fresh Farms Announces Results of ``New Generation Milk'' Test Market Launch in Western Canada.
Topics:



Related Articles
List of top providers shows little change.
J.D. Power and Associates, Agoura Hills, CA, announced that Michelin has received the 2001 Best Original Equipment Tire in Highest Customer...
Ashworth, Inc. Ranked as the Top Shirt Brand Among Golfers.
ANOTHER WILD RIDE FOR THE JETHAWKS : JETHAWKS 7, SAN BERNARDINO 3.
UNEMPLOYMENT RATE DECLINES TO 7-YEAR LOW : HOURLY EARNINGS CONTINUE GAINS.
Ashworth Inc. Ranked Again as the Top Shirt Brand Among Golfers.
Ashworth, Inc. Announces Strong Sell-Throughs of New A.W.S. Collection; Successful Global Launch in U.S., Canada, Mexico, Europe and Asia.
Ashworth Europe Signs First Country-Wide PGA Partner Agreement; Ashworth Europe Has Become the Official Apparel Partner of the PGA of Portugal.
Ashworth Announces Release of 'The Ashworth(R) Perfect Foursome'; Golf Trade to Get First Look at Exclusive Product Offering in August 2006.
Ashworth Brand Ranked Number One by Darrell Survey for the Eleventh Consecutive Year.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles