Nike CEO Phil Knight yesterday explained the decision to shutter Nike Golf to ESPN’s Mike & Mike.
Want to know the main reason Nike’s decision was correct? Because nobody in the golf industry with any credibility has said it was a bad decision.
No Nike Golf (at least on the equipment side) will have little consequence on the overall equipment industry. There were four major equipment companies before Nike Golf’s exit – the Acushnet Company (Titleist and FootJoy), Callaway Golf, TaylorMade Golf and Ping Golf.
Post Nike Golf, there still are four.