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jcy123 Offline

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27.11.2018 03:04
ting out of the golf equipment business, ditching any future in clubs, balls and golf bags.Were committed to being the undispute Antworten

Nike announced Wednesday that it is getting out of the golf equipment business, ditching any future in clubs, balls and golf bags.Were 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 Golf finished fiscal 2016 with $706 million in revenue, its worst year since 2011, when the division generated $623 million.Nike spokesman Brian Strong said the company has no plans to sell its golf equipment business as part of the transition, and that where there are products being made, production will continue to completion, which Strong says will take place over the next few months.Aside from a challenging marketplace that never fully recovered in the economic downturn that began in late 2008, Nikes prime golf endorsers have struggled.Tiger Woods, who re-signed with Nike in 2013 to a deal of undisclosed length, hasnt played golf for an entire year and missed cuts at three of the four majors in 2015.Rory McIlroy, who signed with Nike in January 2013, hasnt won a PGA Tour tournament this season and missed the cut at the past two major championships.Tiger continues to be a staunch and massive brand ambassador for Nike, his agent, Mark Steinberg, told on Wednesday. Tiger and I will put together a plan on the hard goods side of the business and will discuss working with new companies.Steinberg would not disclose what Nikes exit from the equipment business would mean for Woods financially.Winners of the past eight majors were not Nike endorsers, the longest drought since a nine-major run from 2003-04.Nike entered the golf ball business in 2000 and the golf club business in 2001. Even though Nike had insisted that Woods contract didnt force him to use their equipment, he eventually fully transitioned.Wednesdays announcement comes three months after Nikes competitor Adidas said it would enter into negotiations to sell off its golf division, including TaylorMade, Adams and Ashworth.In 2014, after years of too many products in the marketplace and heavy discounting, Dicks Sporting Goods laid off more than 500 of its in-store PGA professionals.Its unclear what Nikes liquidation plan is or how it will work with retailers, but Dicks was discounting Nike clubs by up to 60 percent online on Wednesday.It is also unknown how Nikes contracts with its endorsers, including Woods, McIlroy, Brooks Koepka and Jhonattan Vegas, will change now that there wont be a club or ball business to promote.We dont discuss the details of our athlete contracts, Strong said. We will work with each of our athletes to manage the appropriate transition.Nike says it will focus on golf footwear, but that also has its challenges. Many retailers were put off when they bought a new Tiger signature shoe last year and Woods never wore it, instead preferring an old model.In a statement released Wednesday, Bob Philion, the president of Nike competitor?Cobra Puma, called Nikes announcement surprising, adding that at Cobra Puma Golf we believe we have the right strategies to continue playing offense while others are clearly playing defense.Meanwhile, golf club manufacturer Mizuno tweeted that it would hold open tryouts for Nike endorsers.? Nike MLB Jerseys Autographed . After Martin Skrtel put the Reds in front from close range at Stamford Bridge after only four minutes, Hazard hit back in the 17th with a superb strike. Etoo gave Jose Mourinhos team a decisive lead from Oscars back pass in the 34th. Signed Nike MLB Jerseys .500 on the season. 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CHARLOTTE, N.C. -- Ty Dillon will race full time in NASCARs top series next year for Germain Racing.Germain Racing announced Monday that Dillon will replace Casey Mears in the No. 13 Chevrolet. Mears had driven the car since the second half of the 2010 season.Dillon has made 18 Cup starts over the last three years. Robert Bootie Barker will return as the teams crew chief in 2017, and GEICO will be back as thee primary sponsor.ddddddddddddThe Germain team shares a technical alliance with Richard Childress Racing. Ty Dillon is Childress grandson, and his older brother, Austin, drives for RCR.Mears has one career Cup victory, the 2007 Coca-Cola 600 while he drove for Hendrick Motorsports. 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