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The Daily Verified Briefing

Markets

Asics to spin off Onitsuka Tiger into new subsidiary

Published 10 June 2026

The Japanese sportswear company Asics will spin off its Onitsuka Tiger brand into a new, wholly owned subsidiary named OT Group Corp., effective January 1, 2027. The move, approved by Asics' board of directors, aims to grant the fast-growing lifestyle brand greater operational independence and accelerate its decision-m...

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