Wednesday, February 5, 2020

ASICS India ventures in to Sri Lanka

Officials of the two companies at the store opening in Colombo

ASICS India, a subsidiary of the Japanese sports performance brand has lined up an aggressive expansion plan to further grow its business with the launch of a new concept store at One Galle Face mall in Colombo, Sri Lanka, through the local footwear giant D. Samson & Sons (Pvt.) Ltd.

ASICS as a brand has a long heritage in sports and the brand believes that sport has the power to change lives. The brand has partnered with top athletes across the spectrum of sports to support them in achieving their goals. In India, the brand has been a partner of the Mumbai Marathon for over 10 years, demonstrating the commitment towards the sport of Running, and continues to engage with runners to improve their product offerings accordingly. The recent signing of Tiger Shroff as ASICS Brand Ambassador has enabled the brand to foray into the Sport style category too.

After successfully launching 43 stores across tier 1 and 2 markets in India, the brand has elevated their retail footprint by entering a new market of Sri Lanka and increasing presence through distribution partners.

Speaking on the new launch, Managing Director, ASICS India and South Asia, Rajat Khurana said, “Our new venture falls in line with our global approach for expansion as we look to cater to the abundant running and fitness enthusiasts in emerging markets. Retail is one of the fastest growing pillars of the economy in Sri Lanka and we are confident of a positive partnership as the brand has significant potential to grow in this country that is dominated by sports performance.”

“DSI has been a pioneer in bringing down global brands to Sri Lanka and it is with great pleasure that we welcome ASICS to Sri Lanka. Sports is an arena that closely resonated with the lives of Sri Lankans and opening an avenue of branded sports performance wear will be a boost to our consumers,” said Thusitha Rajapaksa, Managing Director, D. Samson & Sons (Pvt.) Ltd.

The store showcases the latest ASICS AW19 collection that hosts a range of key products and offers a wide variety of performance, running and training shoes and apparels for both men and women.

 

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