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ASICS, the 75-year-old Japanese sneaker brand, is having a moment. So are its shares. The running-shoe maker’s stock price has quadrupled in total return terms over the past two years. Its financial performance is strong: Revenue in its last reported quarter grew 14% from a year earlier while its operating profit surged 53%. Asics has long been a well-loved brand among the running community. Around a quarter of 54,000 runners who finished the Paris Marathon sported a pair of Asics, including both winners in the men’s and women’s races, according to the company. In fact, even Nike NKE 2.18%increase; green up pointing triangle can trace its roots back to the Japanese company. Nike began its business in the 1960s by importing and distributing shoes from Asics, then known as Onitsuka, in the U.S. Onitsuka Tiger remains a high-end fashion brand within Asics. ASICS Corporation The Wall Street Journal Nike HOKA On Crocs Vivienne Westwood #sneakers #runningshoes #running #marathon #parismarathon

Asics Stock Catches Fire Along With Its Dad Sneakers

Asics Stock Catches Fire Along With Its Dad Sneakers

wsj.com

Andrew Crory

All things denim, heritage, streetwear, surf & outdoor related. Clothing/footwear history & heritage wear. Open to consult if asked nicely. 😎.

4mo

Gorpcore rules…good to see Asics finally leveraging its formidable heritage …

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