Asics’ Q2 Driven By Running, Tennis & Lifestyle Shoes

Asics America Group (AAG) said strong demand for its running, tennis and lifestyle products helped the firm pull off a 6 percent gain in net sales in the second quarter.

Currency-neutral sales for AAG — composed of the United States, Canada, Mexico and Brazil markets — were up 10.5 percent, while net sales in Asics America Corp. — made up of the U.S. only —  gained nearly 9 percent.

“We are pleased with our results this quarter and continue to build on strong momentum across multiple categories,” said AAG president and CEO Kevin Wulff in a release. “This success reflects a positive response from the marketplace across numerous key sport performance and lifestyle categories, including running footwear and apparel, tennis and lifestyle footwear.”

The company said it saw “robust” sales momentum in the running footwear category particularly with its Gel-Nimbus 17, Gel-Cumulus17 and GT-1000TM 4 styles. In its lifestyle footwear division, sales increased of 39.4 percent while net sales in tennis footwear accelerated 65.9 percent.

Leading into the summer months, strong sales stemmed from the Gel-Solution Speed 2 and the Gel-Resolution 6 tennis shoes, the company said in a release.

Athletic sports apparel also grew 32.3 percent, with running apparel increasing 40.3 percent.

“We have an exciting second half of 2015 ahead of us with more key product launches and the TCS New York City Marathon,” Wulff said.

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