Manchester United Commercial Revenues Expand in Q2
Commercial revenue was up 7% to £70.6 million ($90.9 mm) in the fiscal second quarter ended Dec. 31 from £65.9 million prior, including a 12% increase in sponsorship revenue to £45.1 million, but retail, merchandising, apparel & product licensing revenue was down slightly to £25.5 million. Adidas was called out for strong sales of the Chinese New Year collection, women’s and kid’s leisure wear and Adidas Originals lifestyle footwear. Online sales through Fanatics are tracking higher driven by ... Log in to view full article.