Asics Corp
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JAPAN: Asics Q1 profit jumps 50% on accounting change
Sportswear business Asics recorded a 50% surge in first quarter net profit, boosted by a change in accounting practice and a double-digit revenue increase.
JAPAN: Asics FY profit buoyed by tax boost
Sporting goods company Asics posted a near one-third hike in full-year profits, mostly thanks to the absence of accrued income taxes from the bottom line.
NETHERLANDS: Asics opens Amsterdam flagship centre
Sporting goods firm Asics is to open a flagship store and 'running lab' in the Dutch capital Amsterdam.
VIETNAM: 2,000 strike for better wage deal
Thousands of workers demanding higher pay at a shoe factory in Vietnam have been on strike for more than a week.
US: Phoenix Footwear names Riedman as new CEO
Phoenix Footwear Group Inc has named James R Riedman as its new chief executive officer and president following the resignation of Russell Hall on 10 September.
US: Asics America acquires North American distributor
Sportswear firm Asics America Corporation has announced it will acquire its North American distributor Agence Quebec Plus (AQP), located in Quebec.
US: Asics America appoints new COO
Sporting goods unit Asics America Corporation has announced the appointment of Kevin Wulff as its chief operating officer, effective immediately.
JAPAN: Asics to buy outdoor brand Haglöfs
Japanese sporting goods firm Asics Corporation has agreed to buy Swedish outdoor clothing and equipment brand Haglöfs.
US: Asics files trademark lawsuit against Skechers
Sportswear company Asics has filed a lawsuit in the US against rival firm Skechers over the stripe designs on its footwear.
JAPAN: Asics shoes developed ‘by women for women’
Japanese sporting goods maker Asics has launched a new women’s shoe collection that has been designed and developed entirely by an all-women team.
NETHERLANDS: Campaigners demand action on sportswear suppliers
Worker rights organisation the Clean Clothes Campaign (CCC) said in a statement that major sportswear brands have taken insufficient action in recent years to improve wages and working conditions at suppliers.
JAPAN: Adidas unit signs up cobbler Hitoshi Mimura
Adidas Japan has announced the signing of world famous cobbler Hitoshi Mimura as an exclusive consultant to the company at a press conference in Tokyo.
INDIA: Asics ties up with Reliance Retail - report
Japanese sporting goods company Asics has agreed a deal to sell its products in India by April, according to press reports.
JAPAN: Asics reports slumping Q2 earnings
Japanese sporting goods firm Asics has posted a 65.3% reduction in net income for the second quarter ended 30 September.
US: Asics opens New York retail store
Footwear and apparel firm Asica America will open its first US-based retail store today (23 October) in New York City.
JAPAN: Asics’ core sports focus helps buck recession
Japanese sporting goods company Asics Corporation is managing to thrive in the recession by sticking to its core sports business, the company’s president has told just-style in an exclusive interview.
Speaking with style: Motoi Oyama, president, Asics
Core values have served Japan's Asics Corporation well down the years, and are continuing to do so at a time when the world is trying to come to grips with the worst global economic crisis in living memory, as company president Motoi Oyama tells just-style.
JAPAN: Asics profit slides 9% during first half
First half profit at Asics Corporation has fallen by 9%, even though the Japanese sporting goods firm saw sales rise by 14% during the same period.
US: Keds names new brand president
Casual footwear maker Keds has appointed Kristin Kohler Burrows as its new president, with responsibility for helping to reinvigorate the Keds, PRO-Keds and Grasshoppers brands.
US: Retailers put pressure on Congress to end shoe tax
Nearly 50 companies representing over 160 well-known footwear brands and retailers are urging Congress to pass the Affordable Footwear Act, which would end the shoe tax on lower to moderately-priced footwear and all children’s shoes.
Olympic torch shines on brands in Beijing
As the start of this summer's Beijing Olympics attracts around four billion onlookers from over 200 countries, leading brands are tussling for the inside lane and marketing gold. Joe Ayling reports on how the 2008 Games take on extra significance given the economic momentum of host nation China.
EU: Drops preferential tariffs for Vietnamese footwear
The European Commission this week revealed details of its next three-year tranche of trade preferences for developing countries – and confirmed reports published on just-style last month that it intends to lift Vietnam’s preferential market access for footwear.
EUROPE: Sales of fashion athletic shoes race ahead
Sales of fashion-focused athletic shoes are racing ahead of those designed for a specific sport according to new figures released this week.
EU: To remove preferential access for Vietnamese shoes
The European Union (EU) is to remove preferential tariffs on Vietnamese footwear imports after deciding they no longer meet the necessary conditions to benefit from the scheme.
GERMANY: Adidas hits back at sportswear supplier report
Adidas Group has reacted to criticism yesterday (21 April) of working conditions among global sportswear suppliers, saying the report that the accusations were based on lacked clarity and accuracy.
BELGIUM: Union blasts sportswear makers ahead of Olympics
A global trade union organisation has slammed leading sportswear companies for allegedly allowing violations of workers rights by suppliers in some Asian countries to become an "industry norm".
JAPAN: Asics details China expansion plans
Sports goods company Asics has moved to clarify its plans for retail expansion in mainland China.
CHINA: Asics expands China retail operations – report
Sports goods company Asics in the midst of a retail expansion programme on the Chinese mainland involving its Onitsuka Tiger brand, according to local press reports.
JAPAN: Asics nine-month income boosted by footwear
Third quarter profit at Japanese running shoe specialist Asics Corporation has risen by 1.1% to JPY12.bn (US$116m), pushed forward by strong footwear revenues.
HONG KONG: Yue Yuen to spin off Pou Sheng unit?
Footwear manufacturer Yue Yuen has proposed a spin-off and separate listing for its Pou Sheng International group on the Hong Kong Stock Exchange.
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