Asics North America (ANA) announced it had generated the region’s first operating profit in 2021 since 2017. ANA, which includes the United States, Canada and Mexico, also had a near double-digit quarterly increase year-over-year in the fourth quarter, marking its fourth consecutive quarter of growth.
The results align with Asics Corp.’s global results released on February 9.
“Our industry has faced many obstacles these past two years, and we are incredibly thankful to our partners and customers for their patience and understanding,” said Richard Sullivan, president and CEO, Asics North America. “Even in the face of these challenges, our product response has been tremendous, and we were thrilled to see the return of in-person races like the Falmouth Road Race and Los Angeles Marathon.”
ANA said its success over the year was driven by consistent growth across all channels and strength in the brand’s performance running category.
The brand’s GEL-Kayano and Gel-Nimbus continue to resonate with consumers, while the introduction of new products, including the Blast Beyond Series and Meta Series, have gained in popularity.
On the subsidiary level, the U.S. retail channel saw a high double-digit quarterly increase year-over-year, driven by substantial results from the holiday season. In Mexico, during the fourth quarter, the region’s e-commerce channel launched.
