Japan’s Asics to spin off popular Onitsuka Tiger sneaker business

By Mariko Katsumura and Chang-Ran Kim TOKYO, June 10 (Reuters) – Japan’s Asics on Wednesday said it will spin off its high-end Onitsuka Tiger business to speed up decision-making at a brand that has been a key profit driver thanks to a tourism boom and a surge in demand for its retro-inspired sports shoes.
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