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Combined group’s shares are down 41 per cent so far in 2023
It is a big bet on the idea the industry’s past trends will resume their trajectory in a year or two
Activist investor should tee-up struggling Jack Wolfskin for a sale
Golfers may not buy new clubs but always need balls
Private equity investor takes share in ‘gamified’ driving ranges
A long decline in participation may finally be slowing, benefiting equipment retailers
The sportswear company should sell its golf business
The golfers that are left do not want fancy equipment
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