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After Turbulent 2020, Asics Hopes to Build on Positive 2021 Start

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

The holiday season tripped up Asics to close out 2020, with the company seeing sales dip 12.3 percent year over year to 80.6 billion yen ($760 million) in the fourth quarter, with net losses totaling 12.7 billion yen ($119.7 million). However, preliminary January sales have thus far delivered good news for the Japan-based footwear seller,…

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