Japanese clothing and footwear brand Asics, has reported 121.8 per cent increase in operating profit to €83.1 million during the year ended December 2021 compared to the same period a year earlier. The brand’s revenues grew by 13.7 per cent across Europe, Middle East and Africa (EMEA) region.
The brand has attributed growth to surge in revenues from wholesale and online channels. Its e-commerce revenue across the EMEA grew by 16 per cent during the year compared to 2020. Asics’ wholesale sales across the EMEA region surged by 13 per cent year-on-year, with 27 per cent increase in Italy, 19 per cent in Germany, 16 per cent in France and 18 per cent in South Africa. Founded in 1949, Asics’ products include footwear, clothing and accessories.
