JAPAN: Asics Looks To Cash In On Marathon Craze
Sportswear producer Asics Corp is looking to cash in on the growing interest in marathons in Southeast Asia by marketing high-end running shoes in Thailand later this year and in Indonesia in early 2003. The company has signed a sales agency agreement with a Singapore firm and is setting up three separate sales networks in the Asian region targeting South Korea, China, Taiwan and Hong Kong, and Southeast Asia.