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Article Date: February 2023
Word Count: 293

Brooks Running Revenues Grew 6% Last Year


After a huge 2021 where sales soared 31% to $1.11 billion, The Berkshire-Hathaway-owned brand grew 6% last year despite sneaker shortages and supply chain challenges in the first half. Growth was slower in the U.S. market, but international continued to outperform, with EMEA up 15%, Asia Pacific and Latin America growing 33%, and Australia and China up 24% and 21%, respectively, all in local currencies. Sales were boosted by new e-commerce sites in six additional countries, and two new distribution centers in the U.S. and U.K. supported increasing demand. Inventories recovered ... Log in to view full article.

 


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