Another strong quarter for Nike - sportstextiles: Lea SportsTextiles

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Another strong quarter for Nike

03/01/2019
Sportswear group Nike achieved revenue of $9.4 billion in the second quarter of its financial year (period ended November 30). This represents a year-on-year increase of 14% on a currency-neutral basis. 

Revenue for the Nike brand was $8.9 billion, also up 14%. This growth was led by sportswear, with strong performance from footwear and apparel as well. 

Sales for the Converse brand were 6% higher year-on-year at $425 million thanks to strong growth from Asia and from digital channels.

Related stories:

Nike veteran to lead Columbia’s business in China 04/12/2018
New president for Nike’s Jordan brand 16/11/2018
Nike makes regional appointment 08/11/2018
Nike makes its fastest shoe faster with Flyknit 05/11/2018
Nike selects the winners of shoe material challenge 19/10/2018
Nike’s revenue up 10% in first quarter 02/10/2018

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