Callaway Golf Company confirmed that a recent police raid in Bangkok, Thailand, resulted in two arrests and the seizure of approximately $100,000 worth of counterfeit golf clubs and accessories. Acting on a complaint filed by attorneys representing Callaway Golf and five other U.S. golf equipment manufacturers, Thai police raided both a retail store and its associated warehouse, seizing more than 6,500 counterfeit clubs and other accessories.
ELY said an industry-wide effort to curb counterfeiting has yielded more than 100,000 counterfeit golf clubs, balls, and accessories, with a value estimated to be in the millions of dollars.
In other Callaway news, the company has formed a strategic alliance with Tour Golf Group, Inc., the company's exclusive licensee for Callaway Golf Footwear, involving a long-term license extension.