ASICS America is fighting to regain the number one position in performance running from Brooks. They had a very nice first quarter. We like good business news.
Contact: Noelle Novoa
ASICS Marketing Communications
(949) 727.7143 Public Relations
asics.com
Irvine, CA | August 6, 2012
ASICS AMERICA GROUP Q1 NET INCOME CLIMBS 17.7 PERCENT
ASICS America Group, which includes United States, Brazil and Canada, is pleased to announce first quarter 2012 net sales (January to March) were up 9.1 percent over the same quarter in 2011. Operating income rose an impressive 26.2 percent and net income was up 17.7 percent. For the first half of 2012, compared to the first half of 2011, ASICS America Group expects similar growth in the double digits.
“I’m excited to see the ASICS America team embrace the STOP AT NEVER attitude,” says ASICS America Group President and CEO Kevin Wulff. “The team is accomplishing our goals and building strong momentum through sales, marketing, operations and the new distribution center. The new warehouse is at full operating capacity, running efficiently and retailers are receiving deliveries on time as we strive to provide a ‘Gold’ standard of excellence in customer service.”
While showing strong growth across many categories, the Specialty Running channel is especially vibrant with the ASICS 33 Collection and the core performance models leading the charge at retail, including the popular GEL-Kayano® series, GT-2000™ styles and the GEL-Noosa Tri™ 7. Beyond running, there is also double digit growth within the tennis category driven by the introduction of a new speed concept called the GEL-Solution® Speed and the ever-popular GEL-Resolution® 4.
Wulff took the helm of ASICS America Group as President in August 2010 and later added the role of CEO in April 2011. Under his guidance, he has expanded the team for future growth, opened a new distribution facility and secured a permanent New York showroom space. These changes have positioned ASICS America Group to keep pace with growing demands, and coupled with continued focus on product innovation, are fueling growth toward its ambitious goal of $1 billion in sales by 2015.
