Nike Brings in $44.5 Billion USD in Annual Revenue Thanks to 96% Growth in Q4 2021

Nike has just reported its financial results for 2021 and its fourth quarter, showing strong resilience against and recovery from COVID-19.Over the fourth quarter of its 2021 fiscal year, the sportswear giant saw revenues grow by 96 percent to $12.3 billion USD, largely attributed by the company to the recovery of its operations that have been affected by COVID-19 last year. Its wholesale business was met with staggering triple-digit growth while Nike Direct also saw double-digit growth.Combined...