09 Nov Running Boosts Asics’ U.S. Sales In Q3
Running continues to be the sweet spot for Asics.
Net sales for Asics America Group (AAG), which includes the U.S., Canada, Mexico and Brazil, increased by 3 percent in the third quarter, with currency-neutral net sales up 8.5 percent. Meanwhile, revenue at Asics America Corp., consisting of the U.S. only, climbed 8 percent in the quarter.
The biggest boost to revenues in the U.S., the company said, came from the running-shoe category which grew 4.1 percent over same quarter last year. The U.S. also saw double-digit growth across the Athletic Sports Apparel category, the company said. Overall, sales in that category grew 15.2 percent, with running apparel rising 22.4 percent.