All Asics articles – Page 3
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ArticleAdidas releases its first physical shoe out the metaverse
A version of the Ultraboost 5 has roots in an app that gamifies exercise.
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ArticleKey Q3 developments lead Foot Locker to lower FY guidance
Foot Locker’s operating income fell 74% to $12 million in Q3. Total sales declined 1.4% to $1.96 billion.
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ArticleNeocurve is Asics’ first locally produced sneaker
Asics has released the Neocurve, a sneaker with a retro look made from recycled materials, including discarded footwear, locally collected and produced in the EU.
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ArticleAsics’ momentum continues, moving HQ in 2028
The Japanese group’s nine-month results were bolstered by significant sales increases within its Sportstyle and Onitsuka Tiger segments in North America and China.
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News briefsAsics partners with the Saudi Olympic and Paralympic Committee
Asics and the Saudi Olympic and Paralympic Committee (SOPC) announced the signing of a three-year official partnership agreement.
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News briefsSportsShoes.com reports 22% growth in international sales
Gains 75,000 new customers in H1 FY25.
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News briefsAsics creates slip-on shoe in collab with Japanese rock band
The Asics-one is the result of a collaboration between the brand and rock band One Ok Rock.
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ArticleWell-known brand-name products surface on Shein
Major brands face scrutiny as their products appear on Shein, sparking environmental and ethical concerns.
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News briefsAsics partners with Team Bath Tennis in the UK
Using the expertise of the ASICS Tennis Academy, this collaboration will provide upskilling opportunities for coaches across the UK.
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ArticleFoot Locker customer prioritizes discretionary spending on footwear
Foot Locker stays on course despite economic challenges, focusing on its loyalty program, expanded brand portfolio, and upcoming mobile app launch.
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News briefsAsics no longer manufactures equipment for a world sport
Apparel and equipment, including baseball gear, is Asics’ most difficult segment with a profit margin of only 2.8% last year.
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ArticleTop three changes in the 2024 Stifel US sneaker survey
Nike, New Balance and Adidas are the most popular sneaker brands in Stifel’s 17th sneaker survey.
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News briefsStockX resale report: Asics soars 589% in 2024 as sneaker resale market evolves
While traditional powerhouses like Nike and Jordan have experienced a decline, challenger brand Asics has seen almost 600% growth in resale.
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ArticleAsics will hit FY26 targets early after blockbuster H1
The Japanese group reported net profit growth of 70 percent to ¥42,219 million (€261.7m) versus ¥24,796 million for the six months ended June 30. H1 operating profit increased by nearly 76 percent to ¥58,996 million (€365.8m) from ¥33,610 million as total revenues grew by 18.0 percent to ¥342,199 million (€2.12b). ...
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News briefsAsics takes action in Cambodian factory incident
A recent accusation from an international human rights organization has highlighted potential violations of workers’ rights to unionize at a footwear factory in Cambodia. The factory in question is utilized by the Japanese sportswear company Asics.
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ArticleAsics tests production of customized on-demand insoles
Asics and Dassault Systèmes have opened a test studio near Paris to trial on-demand personalized insoles.
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News briefsJapanese financial institutions to sell $1.2 billion in Asics stock
A group of Japanese financial entities, including 15 banks and investment funds, plans to sell 73,916,500 shares of Asics’ common stock at 2,442.5 Japanese Yen (€14.60) per share through a secondary offering. This move comes after a remarkable year for the Japanese sportswear company, with its stock price surging over ...
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News briefsOnitsuka Tiger celebrates on Champs-Elysées
Days before the 2024 Summer Games begin, Onitsuka Tiger will start celebrating its 75th anniversary at the Hôtel Onitsuka Tiger in Paris.
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News briefsAsics and Paris aim to tackle mental illness through spontaneous sport
Together with a handful of handball professionals, including Asics-sponsored Océane Sercien and Dylan Nahi, Asics, We Are Etandart and the City of Paris have inaugurated a newly renovated handball court at Square Montholon in the 9th arrondissement of the capital.
