ASICS Are Doing Plenty Right – And It’s Showing in Their Financial Results

Following the London Marathon, all eyes have been on adidas and their impressive current roster of runners. However, those interested in the business of sneakers should be staying tapped into what’s happening at ASICS – because the Japanese brand just posted one of their strongest quarters of all time.

ASICS Are Doing Plenty Right – And It’s Showing in Their Financial Results. Following the London Marathon, all eyes have been on adidas and their impressive current roster of runners. However, those interested in the business of sneakers should be staying tapped into what’s happening at ASICS – because the Japanese brand just posted one of their strongest quarters of all time. This week, ASICS reported that sales in North America grew 23 per cent in the last quarter compared to the same time the year prior – with sales booming in all categories. Canada grew 11.1 per cent, the United States expanded 19.4 per cent and Mexico boasted a mega 26.3 per cent growth. ASICS also revealed that their wholesale channels and retailer relationships were a key driver for these exceptional results. The ASICS running category is also booming, growing by 3...