Drop in sales at Asics in first half of 2016
10/08/2016
Japanese sportswear group Asics reported first half sales of $2.1 billion, a 5% drop compared to the same period of 2015. Net income for the period dropped 18.4% to $115.1 million. Sales in the Americas dropped 17.3%. Asics said this was due to changes in the retail market and intensifying competition in the US. Sales also dipped in the company’s ...