ASICS EMEA (Europe, Middle East & Africa) has reported a consolidated net revenue increase of 12.1% year on year across all distribution channels in the year to date (YTD) ending June 2023. The company also reported a YTD operating income margin of 10.4%.
ASICS EMEA reported profitable growth across all its categories, including Performance Running, Tennis, Indoor and SportStyle. Wholesale channels saw year-on-year growth of 11.3% YTD with significant increases in Iberia (31.2%), Benelux (26.3%), Germany (23.6%), UK (22.4%) and Sweden (15.8%).
ASICS EMEA also reported year-on-year growth in e-commerce with YTD revenues increasing 32.9%.
ASICS EMEA, Chief Executive Officer Carsten Unbehaun, said “This has been another solid quarter for ASICS in EMEA as we continue to see demand for our brand across all categories. While market circumstances remain challenging, I would like to thank our wholesale partners for their continued support.”
