ASICS 2021 revenue up 23%
SGB Media are reporting that ASICS revenues increased globally, 31% last year. Gross profit increased 31%.
Changes made to running shoe regulations by World Athletics
On 24 December, 2021, World Athlete released a press statement announcing changes to their running shoe regulations. The changes were: The new rules and regulations will be in place from 1 January 2022. The amendments…
New Balance Facing Another Class Action Over “Made in the USA” Claims
New Balance settled a claim over claims that some of their shoes are ‘made in the usa’ in 2019. They make the claim that those shoes that have that label are substantially made in the…
New Asics GT2000 10
Press release from ASICS: [September 10, 2021 – KOBE, JAPAN] – ASICS is today launching the GT-2000™ 10 shoe, specially designed to provide runners with lasting comfort and support for the full duration of their workout…
Adidas has sold Reebok Sold To Authentic Brands
The deal will be finalized in early 2022 and cost Authentic Brands $2.5 billion. CEO of Adidas AG, Kasper Rorsted said: “Reebok has been a valued part of Adidas, and we are grateful for the…
Saucony releases the latest version of the Triumph
In a press release, Saucony announced the release of the Triumph 19. The changes include: Saucony dialed up the underfoot cushioning in this latest version of the award-winning Triumph franchise with super plush and responsive…
Brooks Running Revenue Grew 75% in Q2
Brooks have announced that their revenues grew by 75% in the second quarter of 2021. “Throughout Q2 our brand has hit several major milestones together as a team,” Brooks COO Dan Sheridan said in a…
ASICS invests in custom insole maker
In a press release, ASICS announce that that have invested in a Japan HealthCare’s whose main business is developing and selling custom-made insoles (“HOCOH”) created through photos of feet taken by smartphone. Interesting to speculate…
New version of XODUS from Saucony®
Saucony have announced in a press release the XODUS-11. The press release contains these details on the shoe:
Hoka One One boosts design team
Footwear News are reporting that Hoka One One have added the industry veteran, Matt Rask, to their design team as its senior director. He previously worked at Nike and Under Armour and with Patagonia and…