ASICS EMEA has reported a consolidated net revenue increase of 5.5% across all distribution channels in the year ending September 2023, with an operating income margin of 12.6% in the year-to-date period.
ASICS EMEA reported profitable growth across all channels. Wholesale channels saw year-on-year growth of 2.7% YTD with increases in the UK (36.9%), Iberia (13.9%), Benelux (5.7%), Germany (5.6%), France (4.3%) and Italy (3.3%).
ASICS EMEA also reported year-on-year growth in e-commerce, with YTD revenues increasing 30.8%.
ASICS claimed to be the market leader in running, tennis and indoor in EMEA (Europe, Middle East & Africa).
In the 12 months moving annual total (MAT) to September 2023, ASICS claimed 3.5% points market share in footwear (versus last year) in the ‘Made For / Used For’ running category above €90 in EU5 markets (UK, France, Germany, Italy and Spain) according to the latest Circana Consumer panel data.
ASICS EMEA, Chief Executive Officer, Carsten Unbehaun, said “Despite challenging market conditions, Q3 2023 has been a solid quarter for the ASICS in EMEA. I would like to take the opportunity to thank our partners for their continued support as we enable more and more people to move for body and for mind.”
