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Asics reports surging revenue in Greater China

Japanese sportswear brand Asics disclosed its financial data for 2023, revealing sales climbed 17.7% YoY to 570.46 billion yen ($5.19 billion). Sales in the Greater China region surged 24.4% to 77.62 billion yen ($0.71 billion), while regional profits grew 30.2% to 13.11 billion yen ($0.12 billion). The company attributed the performance to the pandemic having ended before the reporting period, with economic activities fully resuming and an increased awareness of health among people.

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