Retail, merchandising, apparel & product licensing revenue was up 15% to £32.6 million in the fiscal second quarter ended Dec. 31, primarily driven by the extension of its contract with Adidas and strong megastore performance. Overall commercial revenue declined 9% to £71.8 million ($89.1 mm), as sponsorship revenue fell 22% to £39.2, due to a one off sponsorship credit in the prior year ... Log in to view full article.