Nike: a turnover of €47.7bn (+10%) & net profit of €4.7bn (-16%) in 2022-23

The Nike group has posted a turnover of $51.2bn (€47.7bn) for the financial year 2022-23 (from 01/06/2022 to 31/05/2023), an increase of 10% (+16% excluding exchange rate effects) compared with 2022 ($46.71bn/€43.3bn), announced the American equipment manufacturer on 30/06/2022.

The Nike brand accounted for 95.3% of the group's revenues in 2023...