Nike: +5.8% in turnover in 2016 (€29.2bn), -4.6% in "football" revenues (€1.93bn)

Nike: +5.8% in turnover in 2016 (€29.2bn), -4.6% in "football" revenues (€1.93bn)

Go to the site - Change the format - Choose Categories

Nike: +5.8% in turnover in 2016 (€29.2bn), -4.6% in "football" revenues (€1.93bn) S&P - Paris - Tuesday, July 5 2016 - Highlights #72639 Nike achieved a turnover of $32.4bn (€29.16bn) in the 2016 financial year (from 01/06/2015 to 31/05/2016), up 6% (+12 % excluding currency effects) compared to 2015 ($30.6bn / €28.15bn), announced the US sports equipment brand on 28/06/2016. The Nike brand accounts for 94.2% of group's revenues in 2016 ($30.5bn / €27.45bn), with the footwear brand Converse contributing the remainder ($1.96bn / €1.76bn, 5.8% of the total). While North America is the Nike brand's top market with $14.7bnin revenues (€13.2bn, +7%), the Chinese market has experienced the strongest growth, with revenues up 23% in 2016 to $3.07bn (€2.76bn). The footwear sector (shoes) recorded nearly $19.9bn (€17.9bn) in revenue (+8%), representing 65.1% of the revenues of the Nike brand. The entire "football" range accounted for $2.14bn (€1.93bn) of "wholesale equivalent revenues", down 5% year-on-year, representing 7.85% of the total Nike brand ($27.25bn / €24.5bn). < br />Expenditures for "demand creation" - which covers "digital demand creation, sports marketing and brand events" - reached $873m (€785.7m), up 7%. The Nike group posted a gross margin of $14.97bn (€13.47bn, + 6%) and EBIT of $4.64bn (€4.18bn), up 10% year-on-year. Net income for the group amounted to $3.76bn (€3.38bn) on 31/05/2016, an increase of 15% over 12 months. Nike: financial breakdown (in $bn) Indicator 2013 ($bn) 2014 ($bn) 2015 ($bn) 2016 ($bn) % change, 2015 to 2016 Turnover 25.31 27.80 30.60 32.38 5.8% Revenues from footwear (shoes) 14.64 16.21 18.32 19.87 8.5% Revenues of the football section 2.04 2.41 2.25 2.14 -4.6% Net profit 2.47 2.69 3.27 3.76 14.9% Sources: Nike financial reports Note: 6 extra columns are available in the web version of this article. View in the datacenter Nike Sector: sports equipment manufacturer Brands: Nike, Converse, Nike Golf, Hurley Founded: 1964 (under the name Blue Ribbon Sports; called Nike in 1971) Headquarters: Beaverton (Oregon, USA) CEO: Mark Parker Turnover (2016): $32.4bn / €29.16bn; +6% Net profit (2015): $3.76bn / €3.38bn; +15% Workforce: 62,600 employees (2015) Main partnerships: • Competitions: - Copa America Centenario (2016): official ball - Premier League, Liga BBVA, Serie A TIM: official ball • Clubs: - Ligue 1: Paris Saint-Germain, AS Monaco, LOSC Lille, SM Caen, Montpellier HSC - Bundesliga: SV Werder Bremen, Hertha BSC, Eintracht Frankfurt, FC Augsburg - Serie A TIM: AS Roma, FC Internazionale Milano, Hellas Verona, Atalanta BC - Premier League: Manchester City FC - Liga BBVA: FC Barcelona, Club Atlético de Madrid, Athletic Club Bilbao, Levante UD, Valencia CF, Málaga CF • National teams: France, England, Portugal, Poland, Turkey, Croatia, Brazil, United States Address of the headquarters 1, Bowerman Drive 97005 Beaverton - UNITED STATES View the profile on the website Profile n° 1141, created on 06/02/14 at 18:33 - updated on 17/02/14 at 15:15 Further reading - Liga BBVA: Nike extends with FC Barcelona until 2025-26 (€105m for 2016-17, then €155m per year) - Chelsea FC: Nike could become kit supplier for 2017-2027 with deal worth £60m per season (press) - Bundesliga: Nike kit supplier of VfL Wolfsburg for nine years (2016-2025) and €8m per year (press) - England: Nike extends deal as official equipment supplier of the Premier League until 2018-19 - Nike: the equipment manufacturer aims to achieve a turnover of €44bn by 2020 - Nike: football revenue of €2.02bn (01/06/2014 - 31/05/2015) for the fiscal year 2015, down 7% - NBA: Nike to be the official sports equipment supplier to the league (2016-17 to 2025-26) for €889m - China: Nike replaces adidas as the equipment supplier of the federation for the 2015-2026 period Send to a friend Contact us about this article Contacts Editor Send us your news, photos and comments Customer services Webmaster Profile Receive your login details Configure your account Suspend reception Unsubscribe © News Tank Football - 2016 - Reproduction and circulation prohibited without permission. French copyright law: "Infringement of copyright (...) is punishable by three years imprisonment and a €300,000 fine. Infringement consists of all forms of reproduction, display or circulation of an intellectual work, in any medium, in violation of the rights of the author."

**********************************************************************
The information contained in this message may be privileged,
confidential and protected from disclosure. This message is intended
only for the use of the addressee(s) herein. If you are not the
intended recipient, please do not save, copy, use, distribute or
disclose the information (message and/or attachment(s)) contained
herein and please notify the sender of this error by replying to this
message or call (+41.848.00.27.27) and then immediately delete it from
your system. Unencrypted Internet communications are not secured. As a
result UEFA does not guarantee that the sender and/or the content
shown is/are the actual sender and/or content.
**********************************************************************