Asics Stock News

Asics' Onitsuka Tiger, famed for its yellow and black sneakers, is embarking on a global expansion to capitalise on booming demand for its retro fashion shoes, but analysts warn the ​ambition could put its impressive margins at risk.

Japan's Asics Corp on Wednesday said it will spin off ​its high-end Onitsuka Tiger business, a key driver behind ‌four straight years of record profit, in a bid to speed up decision-making and boost competitiveness.