shoes

20170626-nb-1000x750

New Balance Opens Running and Lifestyle Store in Ginza, Tokyo

New Balance Japan Inc. has opened New Balance Ginza, a running and lifestyle store located in the famed district of Tokyo and covering an area of roughly 356 square meters over two floors. This is New Balance Japan’s fifth standalone store in Tokyo, following Aoyama, Harajuku, Roppongi and Odaiba. Including Sapporo, Osaka and Grand Front Osaka, this makes for a...

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20170626-asics-1000x475

Asics Revamps Japanese Production Base

Sanin Asics Industry Corp., a wholly owned subsidiary of Asics Corp. (TYO:7936), has completed its construction of a new factory building as well as its renovation of existing buildings. Located on 17,312 square meters of land, the plant has a total floor area of 10,095 square meters. Sanin Asics mainly manufactures sports shoes, fashion sneakers, walking shoes and work shoes...

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Asics CEO Discusses Global Performance, Changes in Response to Changing Markets

Asics Corp. (TYO:7936) posted a 29.3 billion yen ($261 million) year-on-year decline of sales in 2016, down at 391.1 billion yen. However, when putting aside exchange rate effects to the tune of 32.6 billion yen, the company enjoyed an increase of 0.8 percent. While sales were healthy in Asia and the Oceania region, and robust in Europe, weak sales in...

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Japanese Retail Shoe Market Expected to Reach 1.9 Trillion Yen in 2016

The size of the retail shoe market in Japan (excluding slippers and sandals) is expected to reach 420 million pairs, 1.9 trillion yen ($17.12 billion) in 2016, as overall selling prices of both imported shoes and shoes manufactured in Japan have increased due to rising manufacturing costs overseas and a weak yen having become the norm. Until now, the size...

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JRMA Survey: Rubber Companies Show Lackluster Performance Through June 2016

The Japan Rubber Manufacturers Association (JRMA) approached 107 member companies as part of an index survey that ran until this past June this year. Looking at the corporate management of these affiliated corporations, JRMA has tallied up the answers of 79 respondent companies. While there had been a run of five years with growth in revenue and profit, results from...

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New Asics Subsidiary in Thailand to Start Operations in October

Asics (Thailand) Co. Ltd., Asics Corp.’s (TYO:7936) new subsidiary in Bangkok, Thailand, is set to commence operations on Oct. 1. 2016. Established on April 4 with paid-in capital of 100 million Thai baht ($2.87 million), the company will handle sales of Asics running, training, badminton and volleyball shoes, apparel, and accessories, as well as Onitsuka Tiger and Asics Tiger shoes,...

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