ASICS's spin-off of Onitsuka Tiger signals strategic realignment in the sportswear sector
ASICS announced plans to spin off its subsidiary Onitsuka Tiger into a separate entity starting in 2027. This move reflects a broader strategy to streamline operations and focus on core brands, potentially enhancing brand identity and investor appeal within the competitive sportswear market.
Timeline
- — ASICS to spin off Onitsuka Tiger into standalone business from 2027 (Yahoo Finance)