// Asics EMEA bounces back from the pandemic year as it sees net revenues increase 13.7% in 2021
// The footwear retailer recorded growth in ecommerce across EMEA, with revenues increasing 16% versus 2020
Asics’ Europe, Middle East and Africa (EMEA) region reported a net revenue increase of 13.7% in the year to 31 December 2021, following strong performance across its wholesale and ecommerce channels.
In its wholesale channels, it reported year on year growth of 13% with significant increases in Italy (27%), Iberia (24%), Germany (19%), South Africa (18%) and France (16%).
The sporting footwear retailer continued to see growth in e-commerce, with revenues increasing 16% versus 2020.
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Operating profit rose by 121.8% compared with the same period the year before to £70 million.
Asics EMEA CEO 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. And we continue to innovate to support more people to enjoy the benefits of sport and movement, not just on the body, but also on the mind.
“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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