Revenue of Converse worldwide 2010-2024

In the year ended May 31, 2024, the global revenue of Converse (Nike's affiliate brand) amounted to about two billion U.S. dollars. The brand's annual revenue was noticeably lower when compared to the previous few fiscal years.

Converse

In 1908, Converse specialized as a rubber shoe company which manufactured galoshes. By 1920, the company had switched to manufacturing sneakers and renamed their canvas basketball sneaker, the "All Star". Since then the company has been a staple in the footwear sector, and as of 2024, Nike runs about 80 Converse stores in the United States. These shoes are not just made to sink jump shots anymore, as consumers from all different walks of life wear them today.

Converse is owned by sports apparel manufacturer Nike Incorporated, who in the financial year of 2024, generated a global revenue of approximately 51.4 billion U.S. dollars. Despite Converse generating around two billion U.S. dollars in revenue that year, they continue to be one of the more popular brands of sneakers in the United States.