THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
People Matter
Property
Retail Business Strategy
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
People in Retail Awards 2023
Retail HR Central
Digital Transformation Strategy 2023
Retail Marketplace Strategy
Retail HR 2023
THE Retail Conference 2023
Customer Engagement Strategy 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Asics EMEA grows sales and profits in 2021

Asics EMEA posted a consolidated net revenue increase of 13.7% in 2021 despite the challenges brought about by Covid-19. The sportswear brand also saw its operating… View Article

SPORTS & LEISURE

Asics EMEA grows sales and profits in 2021

Asics EMEA posted a consolidated net revenue increase of 13.7% in 2021 despite the challenges brought about by Covid-19.

The sportswear brand also saw its operating income rise by 121.8% to €83.1 million year-on-year.

The company said it enjoyed profitable growth across all categories and channels during the year. In its wholesale channels, Asics reported year-on year-growth of 13% with significant increases in Italy, Iberia, Germany, South Africa and France.

Meanwhile, online sales climbed by 16%.

Asics EMEA chief executive Carsten Unbehaun said: “Together as one team, we delivered strong results in 2021.  Despite significant challenges, we ended the year stronger than ever. We continue to see more people choosing our brand to help them achieve a sound mind in a sound body.

“Partnership is at the heart of our strategy in EMEA. At the very start of the pandemic, we made a promise to our wholesale partners to prioritise their needs. And today, we remain committed to supporting our partners as we navigate the challenging business environment together.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News