Global sports brand launches Dubai subsidiary, eyes growth

ASICS sets up dedicated Dubai operations as part of expansion plan in emerging markets
Global sports brand launches Dubai subsidiary, eyes growth
By Staff writer
Thu 09 Mar 2017 03:02 PM

ASICS has launched a subsidiary in Dubai, the first fully owned sales and marketing organisation of the global sports brand in the Middle East.

ASICS Middle East has been set up as part of the brand’s strategy to further expand its footprint in emerging markets, it said in a statement.

ASICS said it also plans to strongly increase marketing investment in the region as well as developing direct relationships with key retailers.

The Middle East subsidiary has replaced the current distributor Falaknaz, which has represented the ASICS brand in the Gulf region since 2003.

ASICS is now based in Dubai and has set up efficient logistic operations to allow for fast deliveries to retailers in the region, the statement said

The operation will be led by general manager Cengiz Kiray who said: “We are looking forward to strengthening our presence in the Middle East with the support of our talented team and local partners.

"The regional sports industry continues to thrive and presents the perfect opportunity for ASICS to introduce the full range of our products and services using the latest sports technology available on the market.”

Kiray said he aims to optimise existing partnerships with retailers in the region, as well as developing new direct relationships with key accounts.

ASICS Middle East's latest spring-summer 2017 collection is now available across the region through local retailers including Go Sport, Pairs, Foot Locker, The Athlete’s Foot, Stadium, U-Mark, Sportsone, Namshi.com and Level Shoe District.

ASICS is currently in the top three sports footwear brands in Europe and is a market leader in both performance running and in tennis.

Alistair Cameron, CEO of ASICS EMEA, said: “The ASICS subsidiary in Dubai will allow us to grow the ASICS brand to the next level in Dubai and the Middle East, whilst ensuring we maintain a premium level of service for key accounts and consumers in the region.

"We are excited about replicating the success we have had in Europe, where we have more than doubled our business in the last five years, increasing our footprint in the Middle East, and building on existing relationships with key retail partners.”

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