Asics spins off Onitsuka Tiger and becomes an independent subsidiary
Asics Corporation is transferring its Onitsuka Tiger business to a wholly owned subsidiary, OT Group, through a simplified takeover-type business division. The Japanese sportswear retailer said the split will take effect on January 1, 2027. Its board of directors approved the reorganization, and OT Group will serve as the global headquarters of the Onitsuka Tiger…