YGM acquired ASHWORTH worldwide trademarks and certain related intellectual property from TaylorMade Golf

Hong Kong, September 9, 2019 – YGM Trading Limited today announced the acquisition of ASHWORTH. The brand was founded in 1987 and has grown to become a major golf apparel brand across the world.

Mr. William Fu, Chief Executive Officer of YGM Group, said, “As the long-term partner since 1998, we are delighted to acquire ASHWORTH, which is an excellent complement to our existing business. The acquisition also provides us with a strong platform to significantly expand our direct-to-consumer worldwide presence.”

The acquisition of ASHWORTH worldwide trademarks and intellectual property associated with the “ASHWORTH” brand will give YGM Group a strong activewear portfolio across the globe with the opportunity for additional expansion.