The Japanese sportswear brand continued its momentum in the second quarter, growing sales 16% to ¥194,485 million ($1,346.0 mm) from ¥168,097 million, and net income by 42% to ¥21,959 million ($152.0 mm) from ¥15,482 million. E-commerce sales increased 16% year-to-date to ¥75.8 billion, direct-to-consumer retail was 32% higher to ¥88.6 billion, and wholesale was up 19% to ¥232.0 billion. OneASICS membership topped 20.77 million worldwide.
North American sales were flat on a reported basis at ¥34,781 million ($240.7 mm) due to the strengthening yen, but local currency results were much better, with ... Log in to view full article.