The Greg Norman Collection (New York), a division of Reebok International Ltd. (Canton, Mass.), has reported a 19 percent net sales increase for the second quarter ended June 30, 2005, with a 28 percent increase in its core golf business. For the first half of fiscal 2005, net sales are up 19 percent, with a 22 percent increase in its core golf business.
This marks the tenth consecutive quarter of double-digit sales growth for the golfwear company.
“Over the past three years, we’ve seen explosive growth in our core golf business, which has grown by almost 60 percent,” said Dave Hall, cfo and vp, operations. “Of the 1280 new doors we’ve added during that time period, over 90 percent are premier green grass accounts.”