Nike is dropping its golf equipment business
Posted August 03, 2016 7:00 am
BEAVERTON, Ore. (AP) - Nike is dropping its golf equipment business to focus on shoes and apparel.
The company said Wednesday that it will no longer make clubs, balls and bags.
"We're committed to being the undisputed leader in golf footwear and apparel," Nike Brand President Trevor Edwards said in a statement. "We will achieve this by investing in performance innovation for athletes and delivering sustainable profitable growth for Nike Golf."
Nike said it will partner with more of the world's best golfers. Tiger Woods, Rory McIlroy and Michelle Wie have deals with the company.
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