Sports giant Asics really does have a challenge on its hands. The company has reported bleak nine-month figures and has also downgraded its full-year profit expectations as net sales fell 4.7% to ¥295.68 billion.
The Montreal-based activewear and basics manufacturer announced a 5.3% increase in third-quarter net sales on Thursday, driven by strong growth in activewear but dampened by disruption caused by Hurricane Florence.
Young women and men are very clear about the fashion trends they don't like the opposite sex wearing, but they often get it wrong when it comes to assessing what the opposite sex think of their own gender's choices.
Despite a moderate sales rise driven by a strong performance at its Champion brand, the apparel group reported a 15.7% decline in income in Q3 2018, impacted by a $14 million charge related to the Sears bankruptcy.