Manchester United Retail Sales Increase in Final Quarter
ManU’s commercial revenue increased 22% to £63.4 million ($79.6 mm) in the final fiscal quarter ended June 30, as retail, merchandising, apparel & product licensing grew 20% to £26.2 million ($32.9 mm), driven by the return of fans and ramped-up marketing. For the full year, retail revenue was up 20% to £109.9 million, primarily due to the reopening of the Megastore and the return of fans in the current year. The top line was also helped by ManU’s record ticket sales for the season and e-commerce revenue nearly doubled from FY21. ... Log in to view full article.