Uso de cookies Utilizamos cookies propias y de terceros para mejorar nuestros servicios y mostrarle publicidad relacionada con sus preferencias mediante el análisis de sus hábitos de navegación. Si continúa navegando, consideramos que acepta su uso. Puede obtener más información sobre nuestra: Política de cookies

The global fashion business journal

18 Jul 201913:40

Nike raises profit by 13% and grows 10% in first two quarters

The sports fashion titan from America raised its volume of business up to 19.32 billion dollars (16.9 billion euros) from June to November

21 Dec 2018 — 16:00

Nike raises profit by 13% and grows 10% in first two quarters



Nike keeps going forward. The sports clothes and equipment company has ended the first six months of the fiscal year (ended the 30th of November) with a 1.93 billion dollars profit (1.69 billion euros), which represents a growth of 13% in base to the same period last year.


From June to November, the American group’s turnover stood at 19.3 billion dollars (16.9 billion euros), 10% above the figure scored during the first six months of the previous fiscal year. 


Regarding geographical areas, Asia Pacific and Latin America produced a total income of 2.56 billion dollars (2.24 billion euros) for Nike, up by 15%. In the specific case of China, the company scored sales for 2.92 billion dollars (2.55 billion euros), which has implied a rise of 26%.





The group’s volume of business in Europe, the Middle East and Africa grew by 11% reaching 4.92 billion dollars (4.3 billion euros), whereas in its local market, sales improved by 7%, reaching 7.92 billion dollars (6.9 billion euros).


For its part, the global sales of Converse provided the company with an income valued in 952 million dollars (832.6 million euros), which represents a rise of 7% in base to the first six months of 2017.

Participation rules


Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment