We’re all in

Where many banks have cut ties to golf amid public bailouts, London-based Barclays is all-in. Why? It works, says Barclays president Bob Diamond (shown here with company ambassador Phil Mickelson). »

We’re all in
Q&A: Barclays president

New territory
LPGA adds Taiwan tournament

Pulling the plug
RBS ends Open sponsorship

Major revival
Major returns to Shoal Creek

Business Headlines

Official: Quail Hollow to host 2017 PGA

North Carolina will be the site for the 2017 PGA Championship. A state government official with knowledge of the decision told The Associated Press on Monday that the PGA will announce Tuesday at Quail Hollow Country Club in Charlotte that the course will be the site for one of golf’s four majors that year.

RBS ends British Open sponsorship

Megabank RBS continues to scale back marketing efforts, including discontinuing sponsorship of The Open Championship after nine years of patronage.

Viking Classic extended through 2011

The PGA Tour can cross one more tournament off its list of those still in need of a title sponsor for next season. The Viking Classic announced Aug. 23 that it will return in 2011.

Investment firms to acquire Sea Island

Sea Island Co. has reached an agreement to sell its assets to a limited partnership backed by investment firms Oaktree Capital Management L.P. and Avenue Capital Group.

Nicklaus course to revitalize Benton Harbor

Jack Nicklaus has designed hundreds of golf courses. But one of his latest creations – The Golf Club at Harbor Shores – is meant to be a catalyst for change. Can it save an entire Michigan community? Adam Schupak reports.

U.S. rounds played dropped in May

The total number of rounds played in the U.S. declined 2.9 percent in May, which contributed to the year-to-date tally dropping 3 percent, according to a recent survey.

Q&A: Bob Diamond, Barclays president

Where many banks have cut ties to golf amid public bailouts, London-based Barclays is all-in. Why? It works, says Barclays president Bob Diamond (shown here with company ambassador Phil Mickelson).

Adidas stages global test for online marketer

Placing a premium on online marketing, Adidas Golf required top candidates for a social media position to go on a global golf journey and chronicle it on Facebook and YouTube. James Achenbach reports.

Jeld-Wen to end sponsorship of Tradition

Jeld-Wen, an Oregon-based window and door manufacturer, will end its sponsorship of the Tradition after this week’s Champions Tour event.

Industry group stings counterfeit operation

More than 2,300 golf clubs – illegal copies of authentic golf brands – were seized in a recent raid of golf stores in China, underscoring the on-going industry fight against overseas counterfeiting.

Edwin Watts to open shops within Sears

Next time you’re shopping for Craftsman Tools or maybe a high-definition TV at Sears, know this: You might be able to test a new driver or buy golf balls at Edwin Watts, too.

Golfsmith’s promotion leads to free drivers

And you thought Phil Mickelson was a popular guy before he won his third Masters Sunday? Well, get this: His victory also won free Callaway drivers for a few thousand Golfsmith customers.

&nbps;

Magazine Subscription

Get Golfweek for only 77¢ per issue!

First Name
Last Name
Email

Address
Address Line 2
City
State/Prov.
Zip/Postal Code
Country

Golfweek

Multimedia:

Golf Business

We’re all in

New territory

Pulling the plug

Major revival