Brooks Running, owned by Berkshire Hathaway Inc., is headed toward $2 billion in revenue and to keep up its robust growth is planning a major expansion in China.
The maker of high-end running shoes like Brooks Ghost aims to have 30 stores there by 2027, after opening its first location in China this year.
“Running is an emerging category in China,” said Dan Sheridan, chief executive officer of Brooks. In China, “health and wellness is being invested in. They’re building infrastructure for people to move.”
Seattle-based Brooks, which Berkshire acquired in 2006, has boosted sales 17% this ...
