By  on July 12, 2010

TOKYO — Asics Corp. said Monday that it has agreed to purchase 100 percent of Swedish outdoor products company Haglöfs for 1 billion Swedish krona, or $133.4 million at current exchange, from private equity company Ratos AB.

Kobe, Japan-based Asics said it is looking to expand its apparel business by rolling out high-quality and functional products, as well as grow its core business of running gear.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus