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Asics America’s U.S. Sales Drop 9.3 Percent

Asics America said that despite the sales decline, it made a number of moves in the quarter to position it for growth in the future. The moves were punctuated with the brand’s announcement of expanding its U.S. presence with a Product Creation Studio in Boston, the launch of the first-ever global social running initiative and the unveiling of several new performance footwear models.

Adidas Q1 Boosted By North America, China, E-Commerce

Adidas AG reported earnings jumped 30 percent in the first quarter. Results were paced by an 18 percent increase at brand Adidas on a currency-neutral basis as well as a 13 percent increase at the Reebok brand. Combined sales of the Adidas and Reebok brands grew in all market segments except Russia/CIS. Growth was particularly strong in North America (+31 percent), Greater China (+30 percent), Japan (+21 percent) and MEAA (+15 percent).

Amer Sports’ Q1 Earnings Slip

Said Heikki Takala, president and CEO, “In the first quarter, we delivered solid growth despite the soft retail landscape especially in the US.”

Asics America Recognized For Sustainability Efforts

Asics America Corp. has been awarded the U.S. Environmental Protection Agency’s (EPA’s) Energy Star, which signifies that the building performs to the top 25 percent of similar facilities nationwide for energy efficiency and meets strict energy efficiency performance levels set by the EPA.