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Kering reports record revenues in 2021

The fashion group has reported its full financial results for 2021, with record revenue up 35% a comparable basis compared to 2020 and 13% up on pre-pandemic 2019 at €17.6 billion (US$19.98 billion).

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Nike revenues up 16% for Q1 2022

The global sportswear brand has reported its first quarter results for the 2022 financial year, showing revenues of US$12.2 billion, a 16% rise on the previous year.

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A strong first quarter for Dr Martens

The British footwear brand Dr Martens has released a trading statement for the three months ended June 30, 2021, which report group revenue of £147.3 million (US$205.55 million), up 52% year on year (64% on a constant currency basis). This performance was against a Covid-19 impacted comparative figure, with revenues in the same quarter last year down 14%.

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All houses contributed to Kering’s strong H1 performance

The France-headquartered luxury conglomerate has reported consolidated revenue of €8,047.2 million, up 49.6% as reported and 54.1% on a comparable basis; recurring operating income of €2,237.0 million, up 134.9%; recurring operating margin of 27.8%; net income of €1,479.0 million, attributable to the group; as well as recurring a net income attributable to the group of €1,477.4 million.

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Nike revenues up 96% year-on-year

The U.S. sportswear brand has published its fiscal 2021 financial results for the fourth quarter and full year ended May 31, reporting fourth quarter revenues of US$12.3 billion, up 96% year-on-year and increasing 21% compared to the fourth quarter of 2019.

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