You lovers of all Nike products?, if you Golf lovers are also an enthusiast of Nike products it probably will make you a little sad.
Nike Inc., the manufacturer of the equipment and the world's largest sports apparel,stating the plan stopped sales of golf equipment, such as a golf stick, golf balls, and golf bags.
The company is building a successful business in the golf icon thanks to golfer Tiger Woods, says it will still produce a special golf footwear and other businesses related to the joint cooperation golfer (so the sponsor).
Nike did not give a time limit, exactly when they would be out of the business of golf.
Nike is the second company that revises his golf business. Previously, Adidas also said it will sell its golf business because it was not profitable. The company stated it on last May.
According to Adidas, their sales are down due to this sport is now less demand, especially in the United States (us).
In addition, people who play golf in u.s. down sharply after reaching a peak in 2000, when Tiger Woods entered its heyday.
But for Nike, the problem is acuter in the golf business again. Because the company did not win a single sponsor in eight major tournament golf, according to ESPN. In fact, Nike is a great brand.
Nike also faces fierce competition with the company manufacturer of sports equipment which smaller i.e. Under Armour Inc., a successful peddling his brand through the world's top golfer, Jordan Spieth.
Sales of Nike golf's business was down 8 percent to 706 million u.s. dollars on financial performance, which ended May 31, 2016. This revenue only accounted for 3 percent of the total income of Nike.
Collect products are high value, much less have the Brand of Nike not only wreak lust wants to have, but also to some people can be used as an investment. The rarer and more expensive it will be.
