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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 AND LEISURE NEWS

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.”

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