Brooks Running hits $1B sales, sees 70% growth in China
Brooks Running announced its financial report for the first nine months of fiscal year 2024, revealing global sales surpassed $1 billion. Brooks attributed this growth to increases across all markets, with North American sales up 10% and e-commerce sales rising 16% YoY. The brand has held the top market share in the US adult high-performance running shoe sector for 11 consecutive quarters. In the third quarter, Brooks also saw significant growth in the Asia-Pacific and Latin America markets, with sales up over 30%, while sales in Europe, the Middle East, and Africa rose by 10%. Additionally, the brand’s first offline store in Shanghai opened, marking its accelerated development in China, where sales grew by 70% YoY.