Golf Industry Central December 2009 | Page 8

8 | AUSTRALASIA NEWS NSW Golf and Womens Golf NSW agree on merger Golf administration in NSW received a tremendous boost last month when a Merger Agreement was signed by representatives of both Women’s Golf NSW and NSW Golf Association. The Merger Agreement sets out an agreed framework and should see GolfNSW established in 2010. Talks of amalgamation between the two organisations commenced over six years ago and along the way, many a frustrating hurdle was encountered. However, recent discussions have resolved all the previous impediments allowing the amalgamation to progress without any further delay.“The signing of the Merger Agreement doesn’t entirely seal the union, but it does set out the guiding principles that will underpin the new entity, GolfNSW” said NSWGA , President, Stuart Cox when asked about the momentous breakthrough. Cox continued, “Everyone now has a clear view of what has been agreed and although there are a few matters to sort out, they are not expected to hold up proceedings.” President elect of Women’s Golf NSW, Sue Fabian commented, “We are delighted with the progress made recently and look forward to the future with great optimism. The new, merged organisation will bring greater benefits and opportunities and a stronger profile for golf in NSW.” A steering committee has been established to finalise the new constitution which is expected to be ready for distribution to clubs and other relevant stakeholders for comment in December. The member vote for the merger is scheduled for March 2010. www.probizcom.com international news Local club secures Nationwide pro The Geelong Advertiser reported that Barwon Valley Golf Club has secured former Nationwide Tour pro Brad Lamb as its club pro. Lamb will juggle a coaching role at the public course with a hectic summer playing schedule which kicked off at the Australian Masters. After indifferent form on the Australian Tour early this year, Lamb, 32, is keen to focus on coaching.“I haven’t been playing badly as a tour player but I haven’t been playing well enough to justify spending another year playing at this stage,” Lamb said yesterday.“An opportunity opened up at Barwon Valley and I thought it was too good an opportunity not to start coaching.” Lamb has toured the US and Asia after turning pro in 2000 on the back of a spectacular amateur career. In that year he claimed the amateur Australian Open and Victorian Open and represented Australia in the Eisenhower Cup. Global recession costs golf hundreds of millions in 2009 taken for granted. But Acushnet is behind 2008 sales by a stunning $165.3 million. That’s an awful lot of golf balls. TaylorMade adidas Golf is holding up better than Callaway on the sales side, but its unable to duplicate Acushnet’s feat of making money. The company is currently in arrears to the tune of €23 million. At the same time last year it was standing on a profit of €54 million. The old adage of “Its not so much what you make, but what you keep,” isn’t something the equipment business has delivered in 2009. If the big kids on the block are having their troubles, what does it imply about the smaller brands? Hull inducted to Hall of fame Katherine Hull, a past member of the Pepperdine University Women’s Golf Team, is one of seven individuals that were inducted into the Pepperdine University Athletics Hall of Fame. The induction ceremony took place last month in California. Hull’s Hall of Fame class did not include any other golfers. Highlighting her six-year LPGA Tour career was Hull becoming a Rolex First-Time Winner at the 2008 CN Canadian Women’s Open. She has also become a leader along with Betsy King in the LPGA Tour member initiative Golf Fore Africa through World Vision. www.CliveEndiveOgiveIV.com |9 No one knew what 2009 had in store. Hope was being disguised by denial as the US was grappling with an economy plummeting into a recession. A historical change in leaders was the backbone for hope. However, it hasn’t turned out that way, at least not yet. Its been said that through adversity arrives opportunity. Many in the US golf industry would like to know when the latter is coming since the challenges have been plentiful in 2009 as discretionary spending by consumers has dwindled. The year started off for many golf companies as it has in the past except for the fact the economy wasn’t going to be anyone’s friend. It’s been an extraordinary sequence of events leading up to where we are today. Too numerous and depressing to mention but business as usual wasn’t happening in 2009. As the recession struck, unemployment levels rose and discretionary spending for those fortunate enough to maintain a job was reserved on a needs only basis. It quickly became a buyers market, but finding a buyer proved to be harder than usual to find. Despite a wealth of equipment deals, sales at the big three club www.golfindustrycentral.com.au companies (based on published sales reports) are not what they once were. Golf retailers quickly resorted to promotional deals to try and generate interest. It helped but it didn’t exactly hit the mark. Golfsmith, a national retailer reported nine-month sales are down $36 million in 2009. In part, an 8.5 percent decrease in comparable