The Japanese sportswear brand’s net loss narrowed to ¥1,134 million ($7.4 mm) from a loss of ¥5,008 million prior in the typically red fourth quarter, as revenues jumped 25% to ¥153,072 million ($1,004.4 mm) from ¥122,358 million. E-commerce sales grew by 18% to account for 24% of the top line, and OneAsics memberships soared to 17.64 million, now including local members in China and India as well as the global programs in Japan, the U.S., Europe, and Australia. Gross margin expanded by 250 basis points to 57.5%, and operating expenses rose ... Log in to view full article.