TOPGOLF CALLAWAY BRANDS ANNOUNCES EXTENSION OF LONG-STANDING CALLAWAY APPAREL LICENSE AGREEMENT WITH PERRY ELLIS INTERNATIONAL
Topgolf Callaway Brands (NYSE: MODG) announced an extension of its multi-year apparel licensing agreement with Perry Ellis International through December 31, 2032. The amended agreement continues a partnership that began in 2009 and preserves global distribution across North America, Latin America, Europe, the Middle East and Africa via retail, specialty and e-commerce partners. The amendment also commits to a jointly developed premium Callaway Apparel line to be launched no later than 2028. Topgolf Callaway Brands retains ownership and operation of Callaway Apparel in Korea and Japan.
Topgolf Callaway Brands (NYSE: MODG) ha annunciato un'estensione del suo accordo di licenza per l'abbigliamento pluriennale con Perry Ellis International fino al 31 dicembre 2032. L'accordo modificato prosegue una partnership avviata nel 2009 e mantiene la distribuzione globale in Nord America, America Latina, Europa, Medio Oriente e Africa tramite partner al dettaglio, specialità e e-commerce. La modifica prevede anche un impegno per una linea premium Callaway Apparel da lanciare entro 2028. Topgolf Callaway Brands mantiene la proprietà e l'operatività di Callaway Apparel in Corea e in Giappone.
Topgolf Callaway Brands (NYSE: MODG) anunció una extensión de su acuerdo de licencia de indumentaria multianual con Perry Ellis International hasta el 31 de diciembre de 2032. El convenio enmendado continúa una asociación iniciada en 2009 y mantiene la distribución global en Norteamérica, América Latina, Europa, Medio Oriente y África a través de socios minoristas, especializados y de comercio electrónico. La enmienda también impulsa una línea premium de Callaway Apparel que se lanzará a más tardar en 2028. Topgolf Callaway Brands conservará la propiedad y operación de Callaway Apparel en Corea y Japón.
Topgolf Callaway Brands (NYSE: MODG) 은 Perry Ellis International과의 다년 간 의류 라이선스 계약을 2032년 12월 31일까지 연장했다고 발표했습니다. 개정된 계약은 2009년에 시작된 파트너십을 유지하며 북미, 라틴 아메리카, 유럽, 중동 및 아프리카 전역의 유통을 소매, 전문점 및 전자 상거래 파트너를 통해 보존합니다. 또한 개정안은 공동 개발하는 프리미엄 Callaway Apparel 라인을 2028년까지 출시하기로 약속합니다. Topgolf Callaway Brands는 한국과 일본에서 Callaway Apparel의 소유 및 운영을 보유합니다.
Topgolf Callaway Brands (NYSE: MODG) a annoncé une extension de son accord de licence vestimentaire pluriannuel avec Perry Ellis International jusqu'au 31 décembre 2032. L'accord modifié prolonge un partenariat commencé en 2009 et préserve la distribution mondiale en Amérique du Nord, Amérique latine, Europe, Moyen-Orient et Afrique via des partenaires de vente au détail, de spécialisations et de commerce électronique. L'amendement prévoit également une ligne premium Callaway Apparel à lancer au plus tard en 2028. Topgolf Callaway Brands conserve la propriété et l'exploitation de Callaway Apparel en Corée et au Japon.
Topgolf Callaway Brands (NYSE: MODG) kündigte eine Verlängerung seines mehrjährigen Bekleidungs-Lizenzvertrags mit Perry Ellis International bis zum 31. Dezember 2032 an. Der geänderte Vertrag setzt eine Partnerschaft fort, die 2009 begann, und sichert die weltweite Distribution in Nordamerika, Lateinamerika, Europa, dem Nahen Osten und Afrika über Einzelhandel, Spezialgeschäfte und E-Commerce-Partner. Die Änderung verpflichtet auch zu einer gemeinsam entwickelten Premium Callaway Apparel-Linie, die spätestens 2028 eingeführt wird. Topgolf Callaway Brands behält Eigentum und Betrieb von Callaway Apparel in Korea und Japan.
Topgolf Callaway Brands (NYSE: MODG) أعلنت عن تمديد اتفاقية الترخيص متعددة السنوات للملابس مع Perry Ellis International حتى 31 ديسمبر 2032. يستمر الاتفاق المعدل في الشراكة التي بدأت في 2009 ويحافظ على التوزيع العالمي عبر أمريكا الشمالية، أمريكا اللاتينية، أوروبا، الشرق الأوسط وأفريقيا من خلال شركاء البيع بالتجزئة والمتخصصين والتجارة الإلكترونية. كما يلتزم التعديل بإطلاق خط ملابس Callaway Apparel المتميز بالتعاون المشترك في موعد لا يتجاوز 2028. تحتفظ Topgolf Callaway Brands بملكية وتشغيل Callaway Apparel في كوريا واليابان.
- License extended through December 31, 2032
- Premium apparel line committed for launch no later than 2028
- Global distribution across NA, LATAM, EMEA via retail and e-commerce
- Continued dependence on Perry Ellis as apparel licensee through 2032
- Premium line timing not before 2028, delaying near-term revenue potential
Insights
Extension secures Callaway Apparel's global license through
Topgolf Callaway Brands and Perry Ellis International extended a long‑running apparel license that now runs to
The main dependencies are continuity of the licensing terms and execution of the announced premium line. The extension reduces near‑term uncertainty around supply, merchandising and partner relationships, but commercial outcomes will depend on product adoption and channel performance — facts not quantified here.
Watch for the joint launch timeline and product specs for the premium Callaway Apparel line no later than
Under the amended agreement, the collaboration with Perry Ellis International, Inc.—originally signed in 2009—will continue through December 31, 2032. This agreement ensures a stable and long-term partnership for Callaway Apparel brand, one of the golf industry's leading performance-apparel franchises and underscores the continued momentum of the brand, which today enjoys broad global distribution across
The amendment also provides for the future introduction of a premium Callaway Apparel line, to be jointly developed and launched no later than 2028.
"Our partnership with Perry Ellis International continues to strengthen the reach and appeal of Callaway Apparel worldwide," said Chip Brewer, President and Chief Executive Officer of Topgolf Callaway Brands. "Extending this relationship reflects the continued success of the brand and our shared commitment to quality, performance, and innovation."
"Callaway Apparel's growth over the past five years reflects the power of the Callaway brand and our team's relentless drive to innovate," said Oscar Feldenkreis, Chief Executive Officer of Perry Ellis International. "This renewal underscores the strength of our collaboration and sets the stage for the next phase of global expansion, including the upcoming launch of a new premium line that brings together advanced performance materials and refined design."
Topgolf Callaway Brands owns and operates the Callaway Apparel brand in
About Topgolf Callaway Brands
Topgolf Callaway Brands Corp. (NYSE: MODG) is an unrivaled tech-enabled Modern Golf and active lifestyle company delivering leading golf equipment, apparel, and entertainment, with a portfolio of global brands including Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey, and OGIO. "Modern Golf" is the dynamic and inclusive ecosystem that includes both on-course and off-course golf. For more information, please visit https://www.topgolfcallawaybrands.com/.
About Perry Ellis International
Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men's and women's apparel, accessories and fragrances. The company's collections of men's dress and casual sportswear, golf sportswear, lifestyle men's sportswear and women's lifestyle collections are distributed through major retail channels. The company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands, including: Perry Ellis®, An Original Penguin by Munsingwear®, Cubavera®, Ben Hogan®, Savane®, Grand Slam®, John Henry®, Manhattan®, Axist®, Farah®. Laundry by Shelli Segal® and Rafaella®. The company enhances its roster of brands by licensing trademarks from third parties, including: Nike® for swimwear, and Callaway®, PGA TOUR® and Jack Nicklaus® for golf apparel and accessories. Additional information on the company is available at www.pery.com.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding future product introductions and anticipated brand growth. Actual results may differ materially due to various risks and uncertainties as described in the Company's filings with the Securities and Exchange Commission.
Investor/Media Contact
Katina Metzidakis
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SOURCE Topgolf Callaway Brands Corp.
FAQ
What did Topgolf Callaway Brands (MODG) announce on November 13, 2025?
How long does the Perry Ellis apparel license with MODG now run?
When will the new premium Callaway Apparel line launch under MODG's agreement?
Which regions will the Callaway Apparel distribution cover after the extension?
Does Topgolf Callaway Brands retain any direct apparel ownership under the deal?
