ASICS EMEA reported a consolidated net revenue increase of 12.1% across all distribution channels year to date (YTD) ending June 2023 versus the same period last year, with an operating income margin of 10.4% YTD.
ASICS EMEA saw profitable growth across all its categories, including Performance Running, Tennis, Indoor and SportStyle. Wholesale channels reported 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 revenues increasing 32.9% YTD.
ASICS EMEA, Chief Executive Officer, Carsten Unbehaun: “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.”
*Excluding Onitsuka Tiger