Growth Continues for Brooks

Growth Continues for Brooks
Brooks CEO Jim Weber, photographed for FN this fall in the company lobby

Brooks Running Co. is bullish on the rest of the year.

Global sales at the Berkshire Hathaway-owned firm jumped 21 percent in the first half of 2013, while net domestic revenues rose 19 percent and the international business increased 29 percent compared with a year ago.

At specialty running stores, the brand’s market share has grown to 29 percent of total share, and backlogs have risen 24 percent, while U.S. at-once orders have increased 21 percent year-to-date.

“Brooks is off to a fantastic start in 2013, driven by strong product and a ‘Run Happy’ call to action that resonates with runners, complemented by the overall strength of the running lifestyle,” CEO Jim Weber said in a statement. “We look forward to the second half of the year, during which we will give runners new product innovation, coupled with exciting research findings that we believe will change the way we design, build and market running footwear for years to come.”