Nike’s decision earlier this week to stop selling golf equipment and a possible bankruptcy filing by the Golfsmith retail chain are raising concerns that the declining popularity of the sport is taking a toll on the companies that thrive on it.
The number of US golfers dropped to 24.1 million in 2015 from a peak of 30.6 million in 2003, during the height of Tiger Woods mania, according to the National Golf Foundation....
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team