Tiger Woods’ launch of “TGR,’’ an umbrella company for his business and philanthropic interests, sparking more speculation that Eldrick is considering buying TaylorMade Golf, or at least being a partner in the purchase.
But why would a fledgling company want to get involved – for big bucks or little bucks – in a company that 1) has been on the market for than one year 2) has lost nearly $1B in sales the past three years 3) isn’t likely to deliver anything better than low single-digit growth in an industry that is struggling to deliver any growth?
This is the golf industry, however, check your business sense at the door.
