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NIKE GOLF REORGANIZING, JOINING IN COMPANY-WIDE DOWNSIZING

          Even though Nike Golf "had clearly been one of the
     company's top performers" recently, it was ordered to
     downsize operations in the same manner as other divisions,
     "even those that hadn't performed as well," according to
     Gene Yasuda of GOLFWEEK.  Yasuda reports, "Bearing that
     equal, yet unfair, burden of reorganization discouraged" the
     golf division's former leaders, GM Bob Rief, Marketing
     Manager Joe Moses and Dir of Marketing Rod Tallman, who have
     all recently left Nike.  Now, in a "reshaped corporate
     landscape," Nike Golf is "emerging as a different entity,"
     one that will operate "almost as a subsidiary" and report to
     new Nike VP/Global Brand Management Andy Mooney.  Mooney has
     decided to spin off Nike Golf "to let it pursue new products
     more rapidly and aggressively."  Nike Golf plans to
     introduce a golf ball line soon and Mooney said it is "in
     the midst of creating a feasibility committee to explore the
     possibility of selling clubs" (GOLFWEEK, 7/11 issue).
          CHIP SHOTS: IMG will present its first-ever National
     Golf Consumer Show, March 25-26, 1999 at Cleveland's Int'l
     Exposition Center.  Designed to showcase the latest golf
     products and services to the public, IMG plans to expand the
     inaugural Expo into a National Show Series in several major
     metro areas (IMG)....Mark Brooks' contract with Callaway,
     which he severed two weeks ago, was worth $500,000 a year. 
     Brooks has gone back to using Hogan clubs, but is not yet
     under contract with the company.  Hogan Dir of Market
     Development & Player Relations Joe Henley said, "Discussions
     on the business side of the relationship will most likely
     take place" (GOLFWEEK, 7/11)....GOLFWEEK's "Forecaddie"
     reported that after Se Ri Pak's win at the U.S. Women's
     Open, "word" was Samsung, which already pays her $1M per
     year, was considering "sweetening" her deal.  Also, a deal
     for Pak, who does not currently have a club contract, to
     play Callaway clubs "likely is in the offing" (GOLFWEEK,
     7/11)....Dottie Pepper hired TN-based Alday Communications
     to handle her PR and marketing (ADWEEK, 7/13)....With the
     CVS Pleasant Valley Classic ending after this year's event,
     and Friendly's announcement yesterday that it will not renew
     its sponsorship of the Friendly's LPGA Classic, the state of
     MA has been "effectively frozen out" of the LPGA and PGA
     Tours.  However, in Boston, Shira Springer reports that
     arrangements for a new LPGA stop in the state will "likely"
     be made "in the coming weeks" (BOSTON GLOBE, 7/15).

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