Nike reports ‘outstanding’ 2015 - sportstextiles: Lea SportsTextiles

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Nike reports ‘outstanding’ 2015

26/06/2015
Nike has reported revenues for its 2015 financial year, which show sales rose 5% to $7.8 billion, up 13% on a currency-neutral basis.

Revenues for the Nike Brand were $7.4 billion, up 13% on a currency-neutral basis driven by growth in every geography and key category except emerging markets and football.

Revenues for Converse were $435 million, up 14% on a currency-neutral basis, mainly driven by market transitions to direct distribution in AGS (Austria, Germany and Switzerland) and strong performance in the US.

"Fiscal 2015 was an outstanding year for Nike,” said CEO Mark Parker. “Our consistent growth is fuelled by our connection to the consumer and our ability to deliver innovation at an unprecedented pace and scale. At no time in our history has the growth potential been greater for Nike.”

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