Sports brand Nike reported an increase of global revenues by 15% to 8 billion dollars in the first quarter of the financial year 2014/15. The net profit accounts for $962 which means an increase of 23%.

Overall sales for the Nike brand were $7.4 billion, marking a 15% increase compared to the previous year, while sales for the Converse brand were up 16% worldwide at $575 million.

“Fiscal year 2015 is off to a strong start. Our connection to consumers and ability to innovate, combined with our powerful global portfolio, is a complete offense,” said Mark Parker, president and CEO of Nike, Inc., adding: “Nike has never been better positioned to realize our tremendous growth potential.”

While North America continues to be Nike’s biggest market (overall sales: $3.5 billion; Footwear sales: $2.1 billion), Western Europe represents the market with the biggest growth, with footwear sales going up 36% to 1.1 million from $829 million last year and apparel revenue growth going up 25% to $498 million.

Nike additionally confirmed that this year’s Nike Snowboarding collection will, in fact, be the final one, due to zero growth in the category action sports. Nonetheless, Nike will still be supporting Nike-sponsored snowboarders and skiers with promotional and competition gear through the end of their contracts.