Retail giant facing up to the challenges


  • Golf
  • Sunday, 03 May 2020

THE golf industry is experiencing unprecedented times in the face of the Covid-19 pandemic and the fallout could be unthinkable, with company bankruptcies and significant job losses, tied to a long-term recovery process.

In an email interview with TeeUp this week, MST Golf chief executive Ng Yap, whose company commands some 70% of the market share, said the present scenario was unlike “the previous cycles of correction in (the financial crises) 1997 and 2008.

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