Asics Weighs Spinning Off Onitsuka Tiger as Shares Climb
Asics has confirmed it is reviewing a potential spinoff of its premium sneaker label Onitsuka Tiger. The announcement coincided with a near 4% rise in Asics shares in Tokyo trading, outpacing a retreat in the Nikkei 225. No final decision has been made, and the move follows media reports suggesting the separation would support management improvemen…