All Asics articles – Page 4
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ArticleSporting goods industry stocks down in Q3
According to SGI Europe’s quarterly study of 40 select sporting goods industry stocks, the drop was less than in Q1 (-16.25%) and Q2 (-14.79%) but marked the third consecutive quarterly decline for the segment. But the results were mixed, as the stock prices of 19 companies – led by Xtep ...
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News briefsGo Sport opens new Paris store “La Salle de Sport”
Less than one year after the acquisition of Go Sport by Hermione People & Brands for one symbolic Euro from Rallye, the company has opened its first new store in Paris. The new, 1,700-square-meter ‘La Salle de Sport’ (the gym) retail concept at Boulevard de la Madeleine in the heart ...
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Infographics & DataSporting Goods Scorecard Q2 2022 - The top performers by sales and profit
This exclusive chart and data can be downloaded by our Premium Members.
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ArticleFoot Locker lowers FY22 outlook slightly, but stock soars on CEO hire
U.S. retail chain Foot Locker, which operates 630 doors across Europe, has modified its FY22 outlook downward due to likely additional pressures on its H2 business. But the revision, coupled with a 9 percent decline in second-quarter sales and a 76 percent drop in Ebit for the period ended July ...
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ArticleAsics Corp. H1 sales bolstered by running, hikes FY outlook
Asics Corp. reported a 9.8 percent increase in first half attributable net income to 13,562 million yen (€97.6m) from ¥12,350 million, fueled by a 13.5 percent gain in performance running shoe sales to ¥123,284 million (€887.6m) that included strong category increases in nearly all global regions. Operating income slipped 20 ...
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News briefsAsics releases new version of its digital service to predict foot growth
Asics has announced the release of the newest version of “Asics Stepnote,” its digital children’s feet growth forecasting service. The latest version, with added features, has been available since July 8. Asics Stepnote was first launched in December 2021 and has since reached more than 13,000 registered users in the ...
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ArticleAnalysis: Sporting goods industry stocks down more than 14% in Q2 2022
According to SGI Europe’s quarterly study of 38 select sporting goods industry stocks, the decline was less than the 16.25 percent average decline in the first quarter of 2022, when 34 out of 36 stocks posted a stock price drop from the end of the fourth quarter. Five of the ...
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ArticleAsics releases sustainability report
Asics Corp. has released its 2021 Sustainability Report, which outlines the company’s progress towards medium- and long-term sustainability goals. This was the first year working towards its targets for 2030 and 2050, which were set in 2020. The headline results for 2021, as defined by the company, ...
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News briefsAsics partners with delivery specialist Freshly for home delivery of athlete’s meals
Premiering just in time for the running event calendar, Asics is starting a new initiative in the U.S. with the home delivery company Freshly. For a limited time, consumers with a Freshly subscription can order three custom menus designed to support training and performance: a special pre-race, high carb meal; ...
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News briefs
Asics adds mental health support funding to its athlete’s contracts
Asics EMEA has made mental health support part of all new and existing athlete contracts. In recognition of the growing pressures facing elite athletes, the brand has introduced new resources to better protect and support athletes’ mental health through professional guidance. The company will fund mental health support for all ...
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ArticleAsics profit dips 17 percent in Q1 (updated)
Asics Corp. recorded declines in operating income and net income for the first quarter ended March 31 as total revenues dipped 1.1 percent to 105,329 million yen (€811.0m) from ¥106,549 million. Strong sales growth of 12.2 percent in North America could not offset significant supply shortages and logistical disruptions caused ...
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News briefsSports Direct opens new 5.500-sqm store in Birmingham
Covering four floors on one of Birmingham’s main shopping streets, the new Sports Direct flagship store uses roughly 5.500 square meters of retail space. The chain, part of the Frasers Group, has closed its older two-floor store in Birmingham on April 10, while a second Birmingham store is said to ...
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ArticleAsics’ State of Mind Index proves the positive impact of physical activity on the world’s mental health
Asics has announced the results of its inaugural Global State of Mind Index, which proves a direct positive link between exercise and mental health, but uncovers the worrying potential impact of lower levels of activity in younger generations across the globe. The first-of-its-kind global study, which tracked the mental state ...
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News briefsSumitomo with brand realignment in North America
In a global alignment strategy, the sports business for Sumitomo Rubber Industries (SRI) will be affiliated under the Dunlop brand umbrella. Roger Cleveland Golf Company, which is SRI’s North American sales company, currently operating as Srixon/Cleveland Golf/XXIO, will now be doing business as Dunlop Sports Americas. Based in Kobe, Japan, ...
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ArticleAnalysis: Sporting Goods Industry stocks fell more than 16% in Q1 2022
According to SGI Europe’s quarterly study of selected public sporting goods industry stocks, their average share price fell by 16.25 percent on a sequential basis in the first quarter of 2022, in contrast with the performance of some major stock indexes during the same period. The Standard & Poor’s 500 ...
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News briefsAsics researches impact of physical exercise on mental state
In the ongoing Asics’ Uplifting Minds study, research conducted over a period of eight months and with thousands of participants so far, the brand has found a significant impact of physical inactivity on the participants’ minds. Part of the study was the ”Mind Race”, an experiment for which regular exercisers ...
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News briefsAsics to get a new CEO in late March
If the ordinary general meeting of March 25 approves, Yasuhito Hirota will be taking charge of Asics as CEO on March 29. He will be retaining his other titles – president, chief operating officer and representative director – and replacing Motoi Oyama, who is nearing his 11th year in the ...
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Infographics & DataInternational sports apparel market 2020
This chart shows the revenues, growth and market share of the top 26 sports apparel brands in 2020 vs. 2019. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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Infographics & DataThe largest athletic footwear brands 2020
This chart shows the revenue development of the top 24 athletic footwear brands brands in 2020 vs 2019. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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News briefs
Asics releases new eco-friendly Earth Day Pack
Asics has launched a new Earth Day Pack, defined by the brand as “Asics’ most environmentally sustainable cross-category collection ever.” The new range of eco-friendly running shoes and apparel was obtained through a circular manufacturing approach that used around 5 tons of textile waste, the equivalent of 25,000 T-shirts, recycled ...
