Asics Is Growing its Presence in the Crucial Run Specialty Channel in North America

August 14, 2024

Asics reported results for the first half of the year that showed solid growth across several regions and channels, including in the crucial North American run specialty channel.

According to the Japan-based athletic brand, net sales for the first six months of 2024 increased 18 percent to 342 billion yen driven by strong sales across all categories. Gross profit increased 28.4 percent to 190 billion Yen.

By category, sales in performance running increased 15.6 percent, core performance sports increased 4.1 percent, apparel and equipment sales increased 3.5 percent and Onitsuka Tiger net sales increased 55.1 percent. Sportstyle sales increased 63.8 percent, driven by strong demand for Vintage Tech shoes and generally strong demand in North America and Greater China. FN