Cobra Golf

Last updated
Cobra Golf
Company type Subsidiary
Industry Sports equipment
Founded1973;51 years ago (1973)
Founder Thomas L. Crow
Headquarters,
USA
Key people
Bob Philion, President [1]
Products Golf clubs
BrandsKing
Parent Puma
Website cobragolf.com

Cobra Golf is a sports equipment manufacturing company based in Carlsbad, California, focused on golf equipment, producing a wide range of golf clubs. The company is currently a subsidiary of Puma.

Contents

History

Origin

The company was founded in 1973 by Thomas L. Crow, winner of the 1961 Australian amateur golf championship. He was inspired by the notion that golfers in the United States typically bought clubs at a whim, with the hopes that they may make their game better. [2] Cobra produced one of the first utility clubs, the "Baffler" –introduced in 1980– long before the use of such clubs became popular. Cobra was dedicated to the average golfer, especially ladies and seniors [3] which makes it understandable that is also the first U.S. club manufacturer to sell stock graphite-shafted woods and irons that are known for being lighter clubs. [4] In five years, Cobra Golf was selling about $4.5 million worth of these clubs annually. [2]

In 1994 King Cobra oversized irons became the best selling irons in golf, making Cobra synonymous with oversized irons. The company was acquired in 1996 by American Brands Inc. (later known as Fortune Brands) and was grouped together under the Acushnet Company umbrella. In 2010, Cobra was acquired by Puma SE. [5]

In 1999 Cobra introduced Dista golf balls intended to maximize distance for all players with multiple swing speed models offered. [4]  "[In 2005] Cobra drivers rank No. 1 in Overall Driver Satisfaction Ratings in both 2003 and 2004, according to Darrell Survey U.S. Consumer Research, a leading independent golf consumer research company." [4]

Marketing

Between 1989 and 1993, the company grew from $20 million to $56 million in annual sales thanks to aggressive marketing that included endorsements with leading players such as Hale Irwin, Beth Daniel and Greg Norman. [2] Cobra's relationship with former world number one Norman lasted for many years. [6] Other leading professionals to have had endorsement deals with Cobra include Rickie Fowler, Lexi Thompson, Gary Woodland, Justin Suh.

In February 2014, Cobra Golf signed a multi-year partnership with the PGA Tour's Honda Classic, making it one of the lead sponsors of the event. [7] In 2016 Cobra Golf partnered with Flying Tee, a golf driving range and simulation venue, to provide the official equipment and apparel. [8] [9]

Products

Cobra markets a full range of golf clubs including; drivers, fairways, hybrids, irons, wedges, utility irons, etc. [10]

Related Research Articles

<span class="mw-page-title-main">Disc golf</span> Sport in which players attempt to throw a disc into a target

Disc golf, also known as frisbee golf, is a flying disc sport in which players throw a disc at a target; it is played using rules similar to golf.

<span class="mw-page-title-main">Adidas</span> German multinational clothing and apparel corporation

Adidas AG is a German athletic apparel and footwear corporation headquartered in Herzogenaurach, Bavaria, Germany. It is the largest sportswear manufacturer in Europe, and the second largest in the world, after Nike. It is the holding company for the Adidas Group, which also owns an 8.33% stake of the football club Bayern München, and Runtastic, an Austrian fitness technology company. Adidas's revenue for 2018 was listed at €21.915 billion.

A golf club is a club used to hit a golf ball in a game of golf. Each club is composed of a shaft with a grip and a club head. Woods are mainly used for long-distance fairway or tee shots; irons, the most versatile class, are used for a variety of shots; hybrids that combine design elements of woods and irons are becoming increasingly popular; putters are used mainly on the green to roll the ball into the hole. A set of clubs is limited by the rules of golf to a maximum of 14 golf clubs, and while there are traditional combinations sold at retail as matched sets, players are free to use any combination of legal clubs.

<span class="mw-page-title-main">Puma (brand)</span> German clothing and consumer goods manufacturer

Puma SE is a German multinational corporation that designs and manufactures athletic and casual footwear, apparel, and accessories, headquartered in Herzogenaurach, Bavaria, Germany. Puma is the third largest sportswear manufacturer in the world. The company was founded in 1948 by Rudolf Dassler (1898–1974). In 1924, Rudolf and his brother Adolf "Adi" Dassler had jointly formed the company Gebrüder Dassler Schuhfabrik. The relationship between the two brothers deteriorated until they agreed to split in 1948, forming two separate entities, Adidas and Puma. Following the split, Rudolf originally registered the newly established company as Ruda, but later changed the name to Puma. Puma's earliest logo consisted of a square and beast jumping through a D, which was registered, along with the company's name, in 1948. Puma's shoe and clothing designs feature the Puma logo and the distinctive "Formstrip" which was introduced in 1958.

<span class="mw-page-title-main">Callaway Golf Company</span> American consumer products company

Callaway, legally Topgolf Callaway Brands Corp., is an American global sports equipment manufacturing company that designs, manufactures, markets and sells golf equipment, more specifically clubs and balls, also including accessories such as bags, gloves, and caps. The company also produces clothing through its subsidiary "Callaway Apparel,” and golf shoes, through its "Cuater" subsidiary. In 2021, the company purchased Topgolf, and thus also operates a chain of golf-related amusement and events centers.

<span class="mw-page-title-main">Kering</span> French multinational corporation

Kering is a French-based multinational corporation specializing in luxury goods. It owns the brands Gucci, Balenciaga, Bottega Veneta, Yves Saint Laurent, Creed and Alexander McQueen.

<span class="mw-page-title-main">Slazenger</span> British sports equipment brand

Slazenger is a British sports equipment brand owned by the Frasers Group. The company was established as a sporting goods shop in 1881 by Ralph and Albert Slazenger on Cannon Street, London. Slazenger was acquired by Dunlop Rubber in 1959. Dunlop was acquired by BTR in 1985. Sports Direct acquired the business in 2004.

<span class="mw-page-title-main">Sumitomo Rubber Industries</span> Japanese tire and rubber company

Sumitomo Rubber Industries, Ltd. is a global tire and rubber company based in Japan. It is part of the Sumitomo Group. The company makes a wide range of rubber based products, including automobile tires, golf balls and tennis balls. Sumitomo tire brands include Dunlop, Falken and Ohtsu. Sumitomo also manufactures and sells the sport equipments under the Dunlop Sport brand.

<span class="mw-page-title-main">DeWalt</span> American professional tools manufacturer

The DeWalt Industrial Tool Company is an American worldwide manufacturer of power tools and hand tools for the construction, manufacturing and woodworking industries, as well as home craftspeople. DeWalt is a registered trademark of Black & Decker (U.S.) Inc., a subsidiary of Stanley Black & Decker.

TaylorMade Golf Company is an American sports equipment manufacturing company based in Carlsbad, California, United States. The company focuses on the golf equipment market, producing golf clubs, balls, and clothing. TaylorMade Golf is currently a subsidiary of Centroid Investment Partners after it was purchased from KPS Capital Partners in May 2021.

The rules of golf consist of a standard set of regulations and procedures by which the sport of golf should be played. They are jointly written and administered by The R&A and the United States Golf Association (USGA). The R&A is the governing body of golf worldwide except in the United States and Mexico, which are the responsibility of the USGA. The rule book, entitled Rules of Golf, is updated and published on a regular basis and also includes rules governing amateur status.

Ping, Inc. is an American sports equipment manufacturing company based in Phoenix, Arizona. It focuses on golf equipment, producing golf clubs and golf bags. The company was founded by Karsten Solheim, following a career as an engineer at the General Electric company. In 1959, he started making putters in his garage in Redwood City, California. In 1967, he resigned from his job at General Electric to develop the PING company.

<span class="mw-page-title-main">Wilson Staff</span> Golf equipment manufacturer

Wilson Staff is Wilson's premium golf brand aimed at tour professionals and serious players. Wilson designs and manufactures a full range of golf equipment, accessories, and apparel using the Wilson Staff, Wilson, ProStaff, Profile, Ultra and Hope brands. Wilson's other lines are generally considered to be "big box," "value," or "economy" brands, while the Wilson Staff line provides higher quality equipment used on all major professional golf tours.

<span class="mw-page-title-main">Golf equipment</span> Items used to play the sport of golf

Golf equipment encompasses the various items that are used to play the sport of golf. Types of equipment include the golf ball, golf clubs, and devices that aid in the sport.

<span class="mw-page-title-main">Wood (golf)</span> Type of golf club

A wood is a type of club used in the sport of golf. Woods have longer shafts and larger, rounder heads than other club types, and are used to hit the ball longer distances than other types.

MacGregor Golf is a sports equipment manufacturing company based in Albany, Georgia, which specializes in golf. MacGregor currently produces a wide range of golf clubs, bags, and accessories.

<span class="mw-page-title-main">Golf</span> Club-and-ball sport

Golf is a club-and-ball sport in which players use various clubs to hit a ball into a series of holes on a course in as few strokes as possible.

Golfsmith International Holdings Inc. was an American golf specialty retailer based in Austin, Texas. Each store, along with golfsmith.com, housed a wide selection of golf clubs, shoes, apparel, gadgets and gear from all the major brands as well as proprietary offerings. They also offered custom club fitting, lessons and services for golfers.

Centennial Park Golf Centre is a 27-hole executive-length golf course situated on the border of Etobicoke and Mississauga in Southern Ontario. The facility includes a driving range, putting green, chipping green, and an 18-hole mini-golf course. Although privately owned, it is open to the public and operates on a first-come, first-served basis. The hours of operation are typically within 30 minutes of sunrise and sunset, depending on weather conditions. While the season is influenced by the weather, the course usually opens at the beginning of April and closes at the beginning of December.

<span class="mw-page-title-main">Parsons Xtreme Golf</span> Sports equipment company

Parsons Xtreme Golf is a global sports equipment manufacturing company that designs, markets, and sells a line of custom fitted golf equipment products and accessories, mainly clubs. The company is based in Scottsdale, Arizona and was established in 2014 by Bob Parsons, founder of web hosting service GoDaddy.

References

  1. Bob Philion profile
  2. 1 2 3 O'Brien, Brendan. "The History of Cobra Golf". GolfLink. Retrieved 2019-12-04.
  3. Lal, Rajiv (September 2005). "Callaway Golf Company" (PDF). Harvard Business School.
  4. 1 2 3 "History". www.cobragolf.com. Retrieved 2019-12-04.
  5. Johnson, Mike (May 5, 2016). "Here's what happened with 10 equipment company acquistions [sic]". Golf Digest.
  6. Leonard, Tod (January 19, 2020). "With help from 'The Shark,' Cobra Golf founder Tom Crow revolutionized club industry". The San Diego Union-Tribune. Retrieved April 27, 2023.
  7. Charlie Lemay (February 19, 2014). "Cobra signs multi-year agreement with Honda Classic".
  8. "FlyingTee Announces Partnership with COBRA PUMA GOLF". ionOKlahoma online. Retrieved 2019-12-04.
  9. Trolia, Emily (May 2019). "FORE YOUR INFORMATION: A FINANCIAL ANALYSIS OF THE GOLF INDUSTRY" (PDF). University of Mississippi.
  10. "Cobra Golf - Golf Clubs, Cobra Golf Clubs, KING F9 SPEEDBACK, KING LTD, King F8, Puma Golf". www.cobragolf.com. Retrieved 2019-12-04.