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Asics Steps Up Innovation With Acquisition of Smart Fabrics Maker

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Asics Corp. has taken an equity stake in Pyrates Smart Fabrics, a Spanish startup that develops and supplies advanced and responsible fabrics. The investment, made through the Asics Ventures Corp. subsidiary, is expected to result in a capsule collection made from Pyratex fabrics early next year. Following three years of research and development, Pyrates Smart…

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