Sporting goods giant Nike Inc is searching for a new president for its Nike Golf unit after Cindy Davis announced her decision to retire.

Davis joined Nike Golf USA as general manager and has served as president of Nike Golf since 2008, leading the development and growth of the company's golf business worldwide.

"Under Cindy's direction, Nike Golf has steadily delivered profitable growth year after year since 2009," said Jayme Martin, vice president & GM, Global Categories.

According to Nike figures, sales of its golf products were $789m in the year ended May 2014, almost flat with the previous year's $792m.