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The Sports Authority has acquired the Tommy Armour Golf IP, including third-party licensee deals, from Hilco Consumer Capital. Financial terms were not disclosed.In the acquisition, the sporting goods retailer has been granted all Tommy Armour and Ram mar
April 6, 2018
The Sports Authority has acquired the Tommy Armour Golf IP, including third-party licensee deals, from Hilco Consumer Capital. Financial terms were not disclosed.
In the acquisition, the sporting goods retailer has been granted all Tommy Armour and Ram marks, as well as Zebra, 845, Silver Scot and TearDrop. Since September 2007, The Sports Authority sold Tommy Armour-branded products at more than 450 of its U.S. locations under a license agreement with HCC.
"Sports Authority has had strong positive consumer reaction to these branded products," says David Campisi, chief executive officer and president of Sports Authority. "We are very pleased with the acquisition and are confident these brands will facilitate the continuing growth of our golf business. Sports Authority appreciates its strong working relationship with HCC."
HCC, along with co-investor Crystal Capital, acquired Tommy Armour from Huffy Corporation in August 2007. HCC's current brands include Sharper Image, Linens 'N Things, Halston, Bombay Company, Ellen Tracy and Caribbean Joe. The company also jointly owns Polaroid with Gordon Brothers Group, referred to as PLR IP Holdings.
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