By Dean Seal. Shares of Topgolf Callaway Brands fell after the company said it had completed the sale of its Jack Wolfskin outdoor apparel business to China's Anta Sports Products for $290 million.

Carlsbad-based Topgolf Callaway Brands Corp. agreed to sell its Jack Wolfskin product line to Anta Sports Products Ltd. for $290 million. As part of the acquisition, Anta Sports Products will ...

Due to Jack Wolfskin's usual seasonal trends, the full-year revenue anticipated was about 115 million euros. Adjusted EBITDA loss in the first half of 2025 is expected to be 18 million euros.