Golfsmith International Holdings Inc was an American golf specialty retailer based in Austin, Texas.
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Golfsmith generated net revenues of over $338 million in fiscal year 2009.
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On November 3,2016, Golfsmith was approved by the US Bankruptcy court of Delaware to be acquired by Dick's Sporting Goods after being purchased for 69 million dollars.
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The first Golfsmith storefront was a components showroom housed in 6,000 square feet of unused army barracks.
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In October 2002, Golfsmith sold a majority share in the company to First Atlantic Capital.
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On November 3,2016, Golfsmith was approved by the US Bankruptcy court of Delaware to be acquired by Dick's Sporting Goods after being purchased for 69 million dollars.
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Golfsmith offers golf clubs, apparel, accessories and practice gear from brands like Adams Golf, Adidas, Bridgestone, Bushnell, Callaway, Cleveland, Cobra, ECCO, FootJoy, MacGregor, Mizuno, Nike Golf, Odyssey, OGIO, PING, Scotty Cameron, SkyGolf, Srixon, Sun Mountain, TaylorMade, Titleist, and Wilson Staff.
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In 1998, Golfsmith secured a $30 million private placement with DLJ Investment Partners.
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In May 2009, Golfsmith acquired the intellectual property rights to MacGregor Golf.
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Alongside products from external manufacturers, Golfsmith offered complete golf clubs, component club parts, apparel and golf accessories under its own Lynx, MacGregor, Killer Bee, Snake Eyes, Golfsmith, XPC, Zevo, ZTech, Tour Trek, Profinity and MaggieLane brands.
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Golfsmith now conducts clubmaking schools throughout the year, at three levels of expertise: the Complete Clubmaker's Training School, the Advanced Clubmaking, Fitting and Repair School, and the Master Craftsman School.
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In 1980, Golfsmith established the Golf Clubmakers Association to support and guide the growing number of clubmakers around the world.
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In 1993, Golfsmith collaborated with teacher Harvey Penick to develop the Austin-based Harvey Penick Golf Academy, which instructed golfers in the methods and philosophies of the “Little Red Golf Book” coauthor.
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In 2004, Golfsmith formed a partnership with GolfTEC, a Denver-based national chain of golf instruction facilities.
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In 2003, Golfsmith acquired six San Francisco-based Don Sherwood Golf and Tennis stores and began offering a wide selection of major-brand tennis merchandise.
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Golfsmith offered tennis racquet restringing by technicians certified by the United States Racquet Restringers Association.
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Golfsmith stores had putting greens, driving ranges and digital swing analysis equipment inside most locations, and tennis courts inside some.
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In 2009, Golfsmith introduced the Golfsmith Xtreme brand of superstores, which is larger, with more interactive features like indoor hitting bays and sand bunkers.
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Golfsmith took this opportunity to establish itself as the largest golf retailer in North America.
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Any remaining Golfsmith stores were converted to Dick's Sporting Goods or its Golf Galaxy brand.
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In 2010, Golfsmith launched a new mobile website and iPhone application.
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Golfsmith published and distributed multiple print catalog titles throughout the year, including a general golf equipment catalog, one for custom golf club makers and one offering only tennis products.
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Golfsmith was the first golf retailer to publish a catalog of equipment and fashion exclusively for women.
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