Spanish Sports Shoe Brand Munich Reports 40% Revenue Growth, Plans Global Market Expansion

6月 13, 2023

Recently, Spanish sports shoe brand Munich released key financial data for the 2022/23 fiscal year ending on March 31st. Sales revenue surged by 40% to 74.3 million euros, surpassing pre-pandemic levels.
In terms of regions, domestic market revenue in Spain saw a significant increase of 69% to 44.2 million euros. Italy once again emerged as Munich’s largest European market outside of Spain, with the brand’s Italian subsidiary experiencing a 20% year-on-year revenue growth, reaching 3.9 million euros. With the launch of the 2023/2024 autumn-winter collection, Munich expects …