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Lashbrook Expands Into Luxury Golf Gifts With Acquisition
The Utah-based company known for making wedding bands has acquired Doubloon Golf.
Lashbrook, the company known for its custom men’s wedding bands, has acquired Doubloon Golf, a maker of high-end golf ball markers.
Draper, Utah—Lashbrook, which creates custom men’s wedding bands, is expanding into a new market.
The Utah-based company has acquired Doubloon Golf, known for its high-end gifts tailored to golfers.
The price of the acquisition was not disclosed.
Sam Norton and Blake Laker, the son of Lashbrook founder and CEO Eric Laker, founded Doubloon Golf because they saw a gap in the market for luxury gifts for golfers.
The company offers high-end golf ball markers, which it refers to as “doubloons,” available in a variety of metals, including gold, platinum, brass and tungsten, with inlays of abalone shell, malachite, meteorite, dinosaur bones, and more.
They range in price from $69 for a titanium and carbon fiber doubloon to $1,300 for a sterling silver marker with a malachite inlay surrounded by lab-grown diamonds.
Lashbrook said the company’s products are popular among golfers, collectors, and corporate executives and as keepsakes for golf teams and championships.
Related stories will be right here …
The Utah-based company has acquired Doubloon Golf, known for its high-end gifts tailored to golfers.
The price of the acquisition was not disclosed.
Sam Norton and Blake Laker, the son of Lashbrook founder and CEO Eric Laker, founded Doubloon Golf because they saw a gap in the market for luxury gifts for golfers.
The company offers high-end golf ball markers, which it refers to as “doubloons,” available in a variety of metals, including gold, platinum, brass and tungsten, with inlays of abalone shell, malachite, meteorite, dinosaur bones, and more.
They range in price from $69 for a titanium and carbon fiber doubloon to $1,300 for a sterling silver marker with a malachite inlay surrounded by lab-grown diamonds.
Lashbrook said the company’s products are popular among golfers, collectors, and corporate executives and as keepsakes for golf teams and championships.
“Doubloon represents an exciting expansion for Lashbrook,” said company CEO Eric Laker.
“Not only is it a remarkable gift that resonates with a massive audience, but it also complements traditional jewelry offerings by introducing a new category that doesn’t compete with existing products, creating incremental sales rather than replacing other purchases.”
With this new acquisition, Lashbrook said it plans to continue to innovate within the luxury gifting space, offering retailers a high-end product for the growing golf market.
Lashbrook added that Doubloon received a lot of positive feedback after its debut at the Centurion Jewelry Show.
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