Nike dropping golf equipment (merged)

[StarFleetGolfer]

Why should a company hold onto a division that loses money or very little profit? How long would you keep a losing stock in your portfolio? And sales revenue does not equal profit.

[pr1mo990]

Too many pages to go back on so not sure this was posted but this is pretty interesting.

 

http://www.newstalk....ga-championship

 

Former PGA Championship winner Rich Beem believes Rory McIlroy needs to not only have fun putting again in a bid to reignite that part of his game - but if possible amid "contractual obligations", perhaps try out new putters.

 

The 2002 major winner, who is now a golf commentator and analyst with Sky Sports made the cut at the weekend at Baltusrol as his compatriot Jimmy Walker went on to win the tournament.

 

McIlroy, who is contracted to Nike, on the other hand, missed the cut at the weekend.

 

"He's got to change something and I think he's got to go back... try and think about how he putted when he was a kid and don't always think about the mechanical part of it, think about the feel, think about the touch, have fun putting again because he gets over it and he just doesn't look comfortable or confident," said Beem, before sharing the story of bumping into McIlroy last week.

 

"I did see something. His locker was right across from mine during the week and he came in on one of the days. He'd just gotten a brand new Scotty Cameron putter which looked exactly like the one he won with at the US Open in Congressional and I said 'can I see it?' I said 'man, that thing is pretty' and he goes 'yeah, isn't it?'

 

"I could see this gleam in his eye, like he really wanted to take it out and hit it on the putting green and yet I don't think he did because of contractual obligations. But you kind of feel bad for the guy that's locked in to a contract with a manufacturer. It doesn't feel like he can go out and really play with a golf club that he really wants to play with - even looking at a different putter for a change can certainly change your attitude, thinking and feel. Something's got to give because he is too good of a ball-striker from tee to green to go out there and struggle so mightily on those greens."

 

^^^ bears repeating.

 

Still pissed that Tiger had to suffer with that balky Nike putter for the past few years...at least Rory has more than a handful of years left.

 

If this is true it's pretty telling that Rory went and had Scotty make him a putter basically as soon as he heard he'd be getting out of his contract. If he goes back to the Newport GSS it won't be much different than his putter now but the confidence will be back.

 

And hopefully Tiger breaks out the ole Scotty as well!

[agebert28]

I think it would be a savvy move by someone like Bob Parsons with PXG to scoop up guys like Mike Taylor (Engage Wedges) and Dave Franklin (Method Putters/Oven). He did it with the ping engineers so if he incorporated some of the good tech into his clubs anyone playing PXG would essentially be plauing a mixed bag of ping/Nike/pxg's own proprietary tech.

 

It makes business sense, tech companies buy off patents and other departments from defunct startups all the time

[niscur24]

Believe me I understand its SOP when the doors finally close. Its NUTS that they just closed the OVEN immediately. You aren't talking about a bunch of retail chimps working at circuit city. These guys are well respected individuals who honestly deserved more than the cops showing up and being shown the door. The same thing with the tour van guys stating they've basically been fired. There are "right" ways to do things and abruptly closing the doors to the oven/van wasn't one of them IMO. You want to get out of the club game fine, make your public statement and begin the process because regardless its a process. Give the people who you obviously trust to work remotely, i.e. OVEN far away from HQ, the benefit of the doubt and do things right. They all have to have NDA's and possibly Non-Compete clauses (you'd think) AND you have to assume they have tracking of every item in that place so if anything got out BIG Nike could kill it quickly.

 

Look, they didn't shut the warehouse down and let all the $7.50 an hour laborers go. Totally understandable that you'd walk those dudes out. Someone has to go through that place and properly shut it down, IMO its more respectable to let the ones who you let run it take care of that. Because you risk even more bringing in someone from outside.

[moonshine]

just watched a business report where it was stated Nike generated 700mil in golf and over 5bil in running and another 2.7bil in jumpman....guy was funny quoted a decline in golf with millennials unless you could somehow put pokemon in the mix

 

edit: may have caught spelling error unusual for me...

[mahonie]

Too many pages to go back on so not sure this was posted but this is pretty interesting.

 

http://www.newstalk....ga-championship

 

Former PGA Championship winner Rich Beem believes Rory McIlroy needs to not only have fun putting again in a bid to reignite that part of his game - but if possible amid "contractual obligations", perhaps try out new putters.

 

The 2002 major winner, who is now a golf commentator and analyst with Sky Sports made the cut at the weekend at Baltusrol as his compatriot Jimmy Walker went on to win the tournament.

 

McIlroy, who is contracted to Nike, on the other hand, missed the cut at the weekend.

 

"He's got to change something and I think he's got to go back... try and think about how he putted when he was a kid and don't always think about the mechanical part of it, think about the feel, think about the touch, have fun putting again because he gets over it and he just doesn't look comfortable or confident," said Beem, before sharing the story of bumping into McIlroy last week.

 

"I did see something. His locker was right across from mine during the week and he came in on one of the days. He'd just gotten a brand new Scotty Cameron putter which looked exactly like the one he won with at the US Open in Congressional and I said 'can I see it?' I said 'man, that thing is pretty' and he goes 'yeah, isn't it?'

 

"I could see this gleam in his eye, like he really wanted to take it out and hit it on the putting green and yet I don't think he did because of contractual obligations. But you kind of feel bad for the guy that's locked in to a contract with a manufacturer. It doesn't feel like he can go out and really play with a golf club that he really wants to play with - even looking at a different putter for a change can certainly change your attitude, thinking and feel. Something's got to give because he is too good of a ball-striker from tee to green to go out there and struggle so mightily on those greens."

 

^^^ bears repeating.

 

Still pissed that Tiger had to suffer with that balky Nike putter for the past few years...at least Rory has more than a handful of years left.

 

If this is true it's pretty telling that Rory went and had Scotty make him a putter basically as soon as he heard he'd be getting out of his contract. If he goes back to the Newport GSS it won't be much different than his putter now but the confidence will be back.

 

And hopefully Tiger breaks out the ole Scotty as well!

 

Isn't Rickie using Tiger's old putter now? Or at least a putter that was made for Tiger?

 

Going to be interesting to see which clubs they all use from now and how quick the changes will be.

[scratchswinger]

Believe me I understand its SOP when the doors finally close. Its NUTS that they just closed the OVEN immediately. You aren't talking about a bunch of retail chimps working at circuit city. These guys are well respected individuals who honestly deserved more than the cops showing up and being shown the door. The same thing with the tour van guys stating they've basically been fired. There are "right" ways to do things and abruptly closing the doors to the oven/van wasn't one of them IMO. You want to get out of the club game fine, make your public statement and begin the process because regardless its a process. Give the people who you obviously trust to work remotely, i.e. OVEN far away from HQ, the benefit of the doubt and do things right. They all have to have NDA's and possibly Non-Compete clauses (you'd think) AND you have to assume they have tracking of every item in that place so if anything got out BIG Nike could kill it quickly.

 

Look, they didn't shut the warehouse down and let all the $7.50 an hour laborers go. Totally understandable that you'd walk those dudes out. Someone has to go through that place and properly shut it down, IMO its more respectable to let the ones who you let run it take care of that. Because you risk even more bringing in someone from outside.

 

So you think it's more respectable to treat some people with a higher level of respect but other "laborers" don't deserve the same level of respect?

 

Your post tells me that you know nothing about the corporate world and have obviously never fired anyone or dealt with people that had a short timers mentality. Their are a million reasons of why they handle things this way, and yes it comes across as cold but at the end of the day it's business and business has no emotions.

[avrag]

but their woods were absolute junk.

 

I believe everybody who ever played the two fairway woods I mentioned in my orginal post will disagree with you.

Also, the SQ Tour was a very, very good driver.

[BEND OF THE RIVER GC]

Reading the Nike 2017 thread... everyone who was so sure about next clubs, rumors about orange being the new accent color, saying how the Vapor Fly discounting was genius...

 

http://www.golfwrx.com/forums/topic/1338928-nike-2017/

 

 

These weren't rumors. The clubs are in production. They could launch but will be scrapped now. And orange was the new color.

 

Maybe Nike will donate them to North Korea!

[carn9698]

Worlds about money. It makes me sick. Greedy corporations pushing people around to line the top of the food chains pockets.

 

Accountants calling the shots every where. Unrealistic sales targets, corporations pushing the working people to make them richer at the expense of family time.

 

Nike not the only offenders. So many like that.

 

Up the revolution!!

[ikarcuaso]

 

 

Believe me I understand its SOP when the doors finally close. Its NUTS that they just closed the OVEN immediately. You aren't talking about a bunch of retail chimps working at circuit city. These guys are well respected individuals who honestly deserved more than the cops showing up and being shown the door. The same thing with the tour van guys stating they've basically been fired. There are "right" ways to do things and abruptly closing the doors to the oven/van wasn't one of them IMO. You want to get out of the club game fine, make your public statement and begin the process because regardless its a process. Give the people who you obviously trust to work remotely, i.e. OVEN far away from HQ, the benefit of the doubt and do things right. They all have to have NDA's and possibly Non-Compete clauses (you'd think) AND you have to assume they have tracking of every item in that place so if anything got out BIG Nike could kill it quickly.

 

Look, they didn't shut the warehouse down and let all the $7.50 an hour laborers go. Totally understandable that you'd walk those dudes out. Someone has to go through that place and properly shut it down, IMO its more respectable to let the ones who you let run it take care of that. Because you risk even more bringing in someone from outside.

 

It's SOP. It is what it is. Unless one of us was in the room regularly, we'll never know the culture and environment there, or anywhere.

 

FWIW, I've encountered retail chimps and $7.50 an hour laborers with far more integrity and trustworthiness that guys hired to "run it."

[Lesmond]

“I just heard in the last hour so it’s still a little bit of a shock, to say the least,†said Finau, who signed with Nike in January. “I love the equipment I’m playing now, and it’s a real process to get through to make a change like that. I don’t know exactly what it’s going to mean for contracts, but it’s pretty likely that this time next year I won’t be playing Nike clubs.â€

 

http://www.golfdiges...ootwear-apparel

 

wut?

 

Ha! Gotta decoded to find out his next club manufacture he will be playing.

[BEND OF THE RIVER GC]

I used to own a mint set of Nike Pro Combos, some of the best looking ever!

[avrag]

Worlds about money. It makes me sick. Greedy corporations pushing people around to line the top of the food chains pockets.

 

Accountants calling the shots every where. Unrealistic sales targets, corporations pushing the working people to make them richer at the expense of family time.

 

Nike not the only offenders. So many like that.

 

Up the revolution!!

 

Or Excel Acrobats as I like to call them. The people who are responsible for doctors in hospitals having to spend more time with paperwork than with patients.

[Yanki01]

“I just heard in the last hour so it’s still a little bit of a shock, to say the least,†said Finau, who signed with Nike in January. “I love the equipment I’m playing now, and it’s a real process to get through to make a change like that. I don’t know exactly what it’s going to mean for contracts, but it’s pretty likely that this time next year I won’t be playing Nike clubs.â€

 

http://www.golfdiges...ootwear-apparel

 

wut?

 

Ha! Gotta decoded to find out his next club manufacture he will be playing.

 

found it!! :)

 

 

 

*in bold and underlined

[BlackM00Nlight]

TW

[cota0429]

I think it would be a savvy move by someone like Bob Parsons with PXG to scoop up guys like Mike Taylor (Engage Wedges) and Dave Franklin (Method Putters/Oven). He did it with the ping engineers so if he incorporated some of the good tech into his clubs anyone playing PXG would essentially be plauing a mixed bag of ping/Nike/pxg's own proprietary tech.

 

It makes business sense, tech companies buy off patents and other departments from defunct startups all the time

 

I would fully support this and jump on the PXG wagon. Really just hope these two land somewhere with the freedom to create and not be held back.

[jrshields3]

What happens to the Oven?

[fatmouse]

Worlds about money. It makes me sick. Greedy corporations pushing people around to line the top of the food chains pockets.

 

Accountants calling the shots every where. Unrealistic sales targets, corporations pushing the working people to make them richer at the expense of family time.

 

Nike not the only offenders. So many like that.

 

Up the revolution!!

 

 

what the hell am i reading

[MadGolfer76]

For showing the golf industry they are always just one fire hydrant away from having to put the shutters on.

[The General]

They will be remembered as pure garbage by a lot of peeps on here who never tried any of their gear and simply dissed them on pure hearsay for sure.

 

FTFY :)

 

I will remember them for my current set of VR Split Cavities and my Drone putter, both fantastic pieces of equipment. I have multiple brands in my bag and do not hold any of them as the holy grail. Never EVER thought I would put Nike in my bag, but I keep going back to my irons.

I guess people can now transfer the hate onto the gaudy, crappy Cobra gear from here on! (I have some of that too).

 

They will be remembered as pure garbage by a lot of peeps on here who never tried any of their gear and simply dissed them on pure hearsay for sure.

 

FTFY :)

 

I will remember them for my current set of VR Split Cavities and my Drone putter, both fantastic pieces of equipment. I have multiple brands in my bag and do not hold any of them as the holy grail. Never EVER thought I would put Nike in my bag, but I keep going back to my irons.

I guess people can now transfer the hate onto the gaudy, crappy Cobra gear from here on! (I have some of that too).

 

I would hardly call these gaudy or crappy

[cxx]

Worlds about money. It makes me sick. Greedy corporations pushing people around to line the top of the food chains pockets.

 

Accountants calling the shots every where. Unrealistic sales targets, corporations pushing the working people to make them richer at the expense of family time.

 

Nike not the only offenders. So many like that.

 

Up the revolution!!

 

 

what the hell am i reading

 

Some kind of proletariat manifesto. The abbreviated version.

[youngwaldo]

What happens to the Oven?

 

Heard it was closed.

 

Wk

[sethdavidsdad]

Did I miss something, who said Rory and the others would change equipment? They still have contracts and no one will buy out Rory's contract.

[BlackM00Nlight]

so hope pictures show up later of the 2017 gold protos and the driver.

[dlygrisse]

Nike made some really nice players clubs, mostly blades, the OG blades they started with were pure beauties. And really garish clubs after that. There was really no in between with them.

[johnrobison]

Worlds about money. It makes me sick. Greedy corporations pushing people around to line the top of the food chains pockets.

 

Accountants calling the shots every where. Unrealistic sales targets, corporations pushing the working people to make them richer at the expense of family time.

 

Nike not the only offenders. So many like that.

 

Up the revolution!!

Business kind of has to be about making money. And people who launch and run a business should be rewarded very well for the risk they take and the effort they put in to do it. That's very much how the economy works. Nobody's come up with a more successful strategy yet.

[Yanki01]

it's like seeing a sad story..last time we see the blue bag?

 

[Jwin323]

Toe sweep wedges were innovative.

[CHR_11]

Reading the Nike 2017 thread... everyone who was so sure about next clubs, rumors about orange being the new accent color, saying how the Vapor Fly discounting was genius...

 

http://www.golfwrx.com/forums/topic/1338928-nike-2017/

 

 

These weren't rumors. The clubs are in production. They could launch but will be scrapped now. And orange was the new color.

 

Maybe Nike will donate them to North Korea!

 

Kim Jong Il only needs 2 sticks glued together to shoot a 38