ASICS EMEA Reports Profitable Growth in Q3 2023

ASICS EMEA reported a consolidated net revenue increase of 5.5%* across all distribution channels year to date (YTD) ending September 2023 versus the same period last year, with an operating income margin of 12.6% YTD.

ASICS EMEA saw profitable growth across all channels. Wholesale channels reported 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 revenues increasing 30.8% YTD.

ASICS remained the market leader in Running, Tennis and Indoor in EMEA. In the last 12 months up to September 2023, ASICS gained 3,5% points market share in footwear (vs. last year) in the “Made For / Used For” Running category above 90 euros in EU5 (UK, France, Germany, Italy and Spain) according to the latest Circana Consumer panel data.

ASICS EMEA, Chief Executive Officer, Carsten Unbehaun: “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.”

*Excluding Onitsuka Tiger

Check out the ASICS RIA Foundation Member profile here  .