Toyoda Gosei, a member of the Toyota Group, and Asics, a major sports equipment manufacturer, have launched a line of sustainable sneakers using scrap materials from airbag fabrics, which will be available from Jan. 26 at Asics’s online store and other retailers. Toyoda Gosei has been transforming difficult-to-recycle scraps of airbag fabric and genuine leather handlebars into bags, pen cases,...
Asics Corp. (TYO:7936) saw net sales fall 3.3 percent year-on-year to 203.74 billion yen ($1.87 billion) in its first-half results, running from January 1 to June 30, 2017. Despite a strong showing in the running shoes segment, net sales within Japan decreased 3.4 percent year-on-year to 54.26 billion yen, owing to sluggish performance by sportswear. Sales of running shoes and...
Sanin Asics Industry Corp., a wholly owned subsidiary of Asics Corp. (TYO:7936), has completed its construction of a new factory building as well as its renovation of existing buildings. Located on 17,312 square meters of land, the plant has a total floor area of 10,095 square meters. Sanin Asics mainly manufactures sports shoes, fashion sneakers, walking shoes and work shoes...
Asics Corp. (TYO:7936) posted a 29.3 billion yen ($261 million) year-on-year decline of sales in 2016, down at 391.1 billion yen. However, when putting aside exchange rate effects to the tune of 32.6 billion yen, the company enjoyed an increase of 0.8 percent. While sales were healthy in Asia and the Oceania region, and robust in Europe, weak sales in...
Asics (Thailand) Co. Ltd., Asics Corp.’s (TYO:7936) new subsidiary in Bangkok, Thailand, is set to commence operations on Oct. 1. 2016. Established on April 4 with paid-in capital of 100 million Thai baht ($2.87 million), the company will handle sales of Asics running, training, badminton and volleyball shoes, apparel, and accessories, as well as Onitsuka Tiger and Asics Tiger shoes,...
Asics Corp. (TYO:7936) has opened Asics Store Shanghai Huai Hai Road, a new directly managed retail outlet in the city center of Shanghai, China. Positioned as a flagship store in the Chinese domestic market, the retail outlet is located on the same Huai Hai Road that, as a prime commercial area in Shanghai, is already home to the flagship stores...
