
Net sales were €248 million between January and March this year.
ASICS reported strong growth in its running, indoor and lifestyle categories.
Women’s performance running apparel saw a 14 per cent increase, while indoor footwear increased by 15 per cent overall, with standout growth in volleyball and squash/badminton footwear.
Part of the lifestyle category, ASICS Tiger nearly doubled its business in 2016 compared to the first quarter of 2015.
Russia enjoyed triple digit sales growth during the period.
France, Germany, Sweden, Austria, Poland and South Africa recorded double digit sales figures.
Sales in ASICS’ own retail stores increased by 15 per cent.
Alistair Cameron, CEO of ASICS Europe, says: “Following years of double digit growth, which has seen ASICS double its business in the last five years, 2016 is about consolidated growth for the brand.
“In the future, ASICS plans to focus its resources on a smaller group of quality retail partners, who we will work closely with.
“This will allow ASICS to maintain high levels of service for consumers and ensure our positioning as a premium sports and lifestyle brand results in sustainable long-term growth.
“We will also continue to reinforce our organisation globally, linking category centres of excellence with regional offices and expanding our footprint in emerging markets such as the recently opened ASICS Middle East LLC in Dubai.”