Nike stands by Tiger

By: Associated Press
By: Associated Press

Thursday Feb. 25,2010

LONDON (AP) -- A Nike executive says the company will continue to
support Tiger Woods even though the world's best player has taken
an indefinite leave from golf.

Brand president Charlie Denson said Thursday he does not want
Woods back on the course until he sorts out his private life. Woods
is seeking therapy after revelations of marital infidelity.

Denson says "under the circumstances, the more he deals with
the issues and the better he deals with them, the better off he'll
be when he does return."

Nike's $650 million golf sector has been one of the hardest-hit
segments of its business during the recession, but Denson said
cutting ties with Woods is not in the discussion.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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