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Nike's exit from golf equipment business means new sticks for Tiger, Rory, other stars

Whenever Tiger Woods returns to the PGA Tour, he will not be using Nike golf clubs.

The sports equipment and apparel giant announced Wednesday it will accelerate innovation in its golf footwear and apparel business and will partner with more of the world’s best golfers. In line with this new focus, Nike Golf will transition out of equipment — including clubs, balls and bags.

MORE: Classic photos of Tiger Woods

“We’re committed to being the undisputed leader in golf footwear and apparel,” Nike Brand president Trevor Edwards said in a statement. “We will achieve this by investing in performance innovation for athletes and delivering sustainable profitable growth for Nike Golf.