How’s the Economy To Affect Golf Shoes & Equipment?
I’ve made a comment or two before about that good old credit crunch – partly with reference to the volume of news in the golf shoes world. Maybe that was just seasonal!
Now however the blogosphere is picking up again on the subject and there’s forums and notice boards awash and a-buzz with comment on price cuts and discounting. Some of it may be 2008 stock in a clear-out situation but people are saying that it’s 2009 golf shoes (and golf gear in general) that’s seing 15%-50% savings.
At what point do different industries get hit by the cutbacks? Golf is a leisure business and a certain amount is corporate. But maybe (and here’s hoping) golf is one of the counter-cyclical worlds where it goes against the grain. Suppose that people cut back on air-travel and foreign or distant holidays. What do they do with their time and leisure? Well they could stay at home and play more golf – paricularly if they are paid up members, so no green fees. The word “Staycation” is coming more into people’s consciousness and vocabulary!
How else to look at the bright side? [1] Those with jobs and some security have a much reduced mortgage payments! Spend the spare money on leisure (golf shoes) or save it? [2] People with more time (those unfortunately out of work) could paly more golf – they should because [3] three or four hours exercise and fresh air is more effective in counter-acting depression than pills! Pass it on…
