Consolidated sales increased in 2017, currency-adjusted by 15.9%. All regions contributed to this development with double-digit growth rates.
Growth momentum was particularly high in the EMEA region. Sales increased in the reporting currency, the euro, by 19.1% to € 1,646.2 million. This corresponds to a currency-adjusted increase of 19.5%. Particularly strong momentum came from France, the DACH region (Germany, Austria and Switzerland) and the UK which recorded double-digit sales growth. Moreover, Russia and South Africa also developed very positively with double-digit sales growth. The EMEA region accounted for 39.8% of consolidated sales in comparison to 38.1% in the previous year.
In the product segments, sales of footwear recorded a currency-adjusted increase by 34.8%. Sales of apparel increased, currency-adjusted by 8.2% and a sales increase of 10.4%, currency-adjusted, could be achieved in accessories.
Sales in the Americas region increased in the reporting currency, the euro, by 11.6% to € 1,494.8 million. Currency-adjusted, sales increased by 14.3% where both North and Latin America contributed to the sale increase with double-digit growth rates. The share of the Americas region in Group sales reduced slightly from 36.9% in the previous year to 36.1% in 2017.
Looking at the product segments, both footwear (currency-adjusted +17.6%), apparel (+11.2%), as well as accessories (+11.0%) showed very strong double-digit growth.
In the Asia/Pacific region, sales rose in the reporting currency, the euro, by 10.0% to € 994.9 million. The currency-adjusted sales increase was 12.7%. The main driver of growth in the region was in particular China followed by Australia, which each recorded double-digit growth rates. In contrast, sales in Japan declined slightly compared to the previous year. The share of the Asia/Pacific region in Group sales reduced slightly from 24.9% in the previous year to 24.1% in 2017.