Randall L. Herrel Sr., president and chief executive officer of Ashworth since 1997, says the company is back on course. Inc. for seven years. Ashworth has strengthened global operations, especially in Canada, where sales increased 40 percent compared with 1998. It added a new general manager and director of finance and operations in Europe, which is logging a 39 percent increase in pre-book orders for spring 2000. And with the Asian economy starting to turn around, it will focus on rebuilding business in Japan.
Industry analysts feel confident about the company as well.
Analyst Mitchell Kummetz of A.G. Edwards said the company is on its way toward turning around, primarily because of better sourcing, inventory management and product. Time4 Media .