Nike profits soar as brand reports record revenues in North America

Worker at the checkout of the Nike store Shanghai

Net income rose to $5.7bn (£4.1bn) for the year ending 31 May, 2021. The sports giant also reported a particularly strong fourth quarter as net income rose to $1.5bn (£1.1bn) compared to a $790m loss the year before.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now