| Description: | executive committee includes representatives from national textiles
For the quarter, Asia Pacific gross margin fell 180 basis points, reducing our consolidated gross margin by 20 basis points. Investments in footwear consumer value in Japan and higher product costs in several markets drove the reduction. The gross margin decline was more than offset by increased revenues and lower SG spending versus last year's heavy investments in demand creation and supply chain implementation.
Newton Running's shoes are the underdog in the running community. It's a brand some swear by and others deem the "injury shoe." Born from a patented technology first offered to companies such as Adidas and Saucony, Newton Running comes with a promise to make any runner faster without injury. Based off of Newton's law of motion and named after Sir Isaac himself, it's no surprise that they focus on educating runners.
The following year, the company rented its first retail space, next to a beauty salo |