Ashworth Receives European ``Best Men's Fashion'' Award.Business Editors LONDON--(BUSINESS WIRE)--Dec. 9, 2002 Ashworth, UK Ltd. (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) today announced that it has received the prestigious "Best Men's Fashion" Award at the recent "Today's Golfer" Awards Ceremony at Stoke stoke n. A unit of kinematic viscosity equal to that of a fluid with a viscosity of one poise and a density of one gram per milliliter. stoke Park Golf Club in London. The UK's No.1 selling monthly Golf Magazine placed Ashworth at the top of the Men's Fashion category for 2002. A survey of the readers of Today's Golfer and Golf Weekly has confirmed the position of Ashworth as the consumer's choice for Europe. Today's Golfer is Europe's number one circulated golf magazine. Tony Wilkinson, managing director of Ashworth UK Ltd., commented, "This is a fantastic achievement for Ashworth. We believe that we are the choice of the discerning dis·cern·ing adj. Exhibiting keen insight and good judgment; perceptive. dis·cern  ing·ly adv. golfer and to collect this award
demonstrates our consumer's loyalty and our product acceptance in
the marketplace. We plan to continue Ashworth's Brand Rich Heritage
as the authentic and innovative golf sportswear line."
Ashworth Inc. is a designer of men's and women's golf-inspired lifestyle sportswear distributed domestically and internationally in golf pro shops, resorts and 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" . Ashworth products include four main brand extensions. Ashworth Collection(TM) is a range of upscale sportswear designed to be worn on and off course. Ashworth Authentics(TM) showcases the most popular items from the Ashworth line. Ashworth Weather Systems(R) utilizes technology to create a balance between fashion and function in any climatic condition. Ashworth 7(TM) addresses the demand for business casual sportswear. Callaway Golf is a trademark of Callaway Golf Co. Ashworth Inc., 2765 Loker Avenue West, Carlsbad, Calif. 92008 is an Official Licensee 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. . 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. 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 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. , potential inadequacy of booked reserves 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 Oct. 31, 2001 and Form 10-Q's filed thereafter. |
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