Nike announced Wednesday that it is getting out of the golf equipment business, ditching any future in clubs, balls and golf bags. “We’re committed to being the undisputed leader in golf footwear and apparel,” Nike Brand president Trevor Edwards said in a statement.
Nike is releasing 3 all-new golf bags in 2020 that have a classic fan-favorite design that is found in many popular golf bags today. The Nike Air Hybrid bag , Nike Air Sport bag , and Nike Sport Lite Golf Bag are soon to be released in 2020.
Tiger Woods. In fact, Woods, who signed a $40 million deal with the company in 1996, was the catalyst for Nike’s entry into the club and ball business. With club sales falling and interest in golf generally slowing, Nike has decided to focus on apparel and shoes.
The Nike TW20 The zoom air unit which is incorporated into the shoe gives a more responsive cushioning underfoot. Simple branding which also includes Tiger’s logo internally makes an incredibly stylish yet functional golf shoe. Nike TW20 golf shoe in white.
Similarly, is TaylorMade owned by Nike ? It was still owned by Adidas, which acquired TaylorMade in 1997 when it bought ski brand Salomon. Nike halted making all clubs and balls in 2016, and Adidas sold off TaylorMade to private equity firm KPS Capital Partners in 2017.
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What GolfWRXers are saying about the best Nike driver ever Ger21: “VR Pro LE? mahonie: “The STR8-Fit Tour was one of the best drivers I’ve played. jackr189: “The VR_S is one of the best .” Finaus_Umbrella: “I played the Vapor Fly Pro, and still do on occasion for nostalgia sake. PowderedToastMan: “I enjoyed the SQ Tour back in the day, the one Tiger used forever.
Nike is still Woods’s apparel partner — the red Nike shirt he wore on Sunday is a familiar sight for most fans — but over the past few years Woods has had to look elsewhere for ball and club partners. Monster Energy drink has been branding Woods’s bag since 2016. TaylorMade is now his club sponsor ; Bridgestone Corp.
KPS Capital Partners
TaylorMade Men’s RBZ Black
Best Golf Irons Ever Review Cleveland Golf Men’s Launcher HB Iron Set. TaylorMade Golf P790 Iron Set. Callaway Golf 2019 Apex Irons Set. Callaway Golf 2020 Mavrik Iron Set. TaylorMade SIM MAX Irons. Callaway Golf Men’s Big Bertha Irons Set. TaylorMade Golf P760 Men’s Iron Set. 2018 Cobra Golf Men’s King Forged Tec Iron Set.
At $706 million, golf makes up barely 2% of total revenue. Rory McIlroy may be sad his sponsor has moved on, but Nike will prosper with or without his favorite clubs. Jeremy Bowman owns shares of Nike.
WHICH STYLE DO THE PROS PREFER? The majority of pros continue to wear spiked golf shoes , including the increasingly rare metal spikes, but many of the world’s best golfers are going spikeless .
Golf Shoes Make a Difference With a sturdier foundation, more flexibility, and adaptability on all terrains, a good pair of golf shoes can really help your game. Sneakers might be fine for a casual trip to the range, but when you hit the real greens, slip on some real golf shoes .
Metal spikes are allowed on the PGA Tour and the major championships, even at the U.S. Open. Janzen said on Twitter he received the spikes rule in an email.