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Asics

Can a heritage performance footwear brand build a sticky DTC digital ecosystem that rivals pure-play athletic lifestyle platforms?

Founded1949
HQKobe, Japan
FoundersKihachiro Onitsuka
IndustryE-commerce / Retail
The story

ASICS began as a Japanese athletic footwear manufacturer and grew into a global sports lifestyle brand. The acquisition of Runkeeper in 2012 marked a strategic pivot toward digital fitness and direct-to-consumer engagement, creating ASICS Digital Inc. as a separate technology arm. The company operates a direct e-commerce channel (asics.com) globally alongside wholesale distribution, with embedded finance layers (BNPL, fraud protection) added to support DTC growth.

Last 12 months
Product timeline
1949
Founded as Onitsuka Tiger in Kobe, Japan, producing basketball shoes.· pivot
1977
Rebranded to ASICS Corporation, expanding into full sporting goods and apparel.· pivot
2012
Acquired Runkeeper, a fitness tracking app, establishing ASICS Digital Inc. as a subsidiary based in Boston, MA.· acquisition
The stack
Lending
Buy Now Pay Later (Pay in 4 via Sezzle)
Accounting gap: none