Manchester United Retail Sales Improve in FQ1
ManU’s total commercial revenue inched down 1% to £84.2 ($113.8 mm) from £85.3 million in the first fiscal quarter ended Sep. 30, but retail, merchandising, apparel & product licensing increased 11% to £37.2 million ($50.3 mm). The improvement was attributed to the impact of a full three months of trading under its new e-commerce model compared to only one month in the prior-year ... Log in to view full article.