New Balance revenues up 14% in 2013
today Apr 3, 2014
After growth of 14.6% in 2011 and 12.2% in 2012, the American sports brand New Balance recorded growth in revenues by 14.2% in 2013 compared to the previous year.
New Balance announced a 1.98 billion euro turnover (2.73 billion US dollars) for 2013. The group relies primarily on its namesake brand, but also owns brand Warrior, which has recently developed its European presence via a deal Liverpool Football Club? It also works with labels Dunham, Aravon, Brine, Cobb Hill and PF-Flyers.
The group makes a quarter of its shoes in the United States, where it operates six factories.
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