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Nike To Exit Golf Equipment Business


Champ Kind
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2016-08-03T230114Z_1006950001_LYNXNPEC721L4_RTROPTP_2_CBUSINESS-US-NIKE-GOLF.JPG(Reuters) - Nike Inc , the world's biggest sportswear maker, said it would stop selling golf equipment, including clubs, golf balls and bags. The company, which built its golf business on the success of golfer Tiger Woods, said it would instead accelerate innovation in its golf footwear and apparel business and on partnering with more golfers. Nike did not give a timeline for the planned exit.

 

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