Tiger Woods ends Nike partnership after 27 years
Publishing timestamp: 2024-01-08 12:39:15
Summary
Tiger Woods has decided not to renew his partnership with Nike after 27 years. Woods thanked Nike and its employees for their support throughout the partnership. There is speculation about Woods' next endorsement deal, with some suggesting On Running or TaylorMade as potential options. Nike has been scaling down its golf business in recent years, but Woods has provided significant exposure and earnings for the brand.
Sentiment: NEUTRAL
Tickers: NKE,
Keywords: business, business news, retail industry, sports, nike inc,
Source: https://www.cnbc.com/2024/01/08/tiger-woods-ends-nike-partnership-after-27-years.html