19-02-2020 09:54 via retailgazette.co.uk

Asics ends year with sales drop as apparel fails to deliver

// Asics ends 2019 with sales decline
// For the full-year ended December 31, sales dropped 2.2%Asics has recorded a sales drop in its full-year report as marketing spend hit an all-time high and sales in Europe declined.
For the full-year ended December 31, the Japanese sportswear retailer saw sales drop 2.2 per cent to ¥378.05 billion (£2.64 billion), which it blamed on weak sales in its apparel and equipment category.
In Europe, sales fell as much as 9.5 per cent and were down 3.7 p
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