Nike has reported a 15.8 percent sales increase for Converse to $410 million for the fourth quarter ended May 31, up by 16 percent on a currency-neutral basis. The operating profit (Ebit) generated by the brand went up by 5.6 percent during the period. For the full financial year, Converse posted a sales increase of 16.2 percent to $1.68 billion, rising by 15 percent in local currencies. Its operating profit grew by 17 percent to $496 million (more in Sporting Goods Intelligence Europe).