Kihachiro Onitsuka
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The Onitsuka Tiger story: From an octopus-inspired sole to a Nike link
The Onitsuka Tiger story: From an octopus-inspired sole to a Nike link Onitsuka Tiger's predecessor, Onitsuka Co, was founded in post-World War II Japan and produced basketball shoes as its first athletic footwear. SINGAPORE: Japanese brand Asics announced on Wednesday (Jun 10) that it would spin off its nearly 80-year-old Onitsuka Tiger business amid a surge in demand for its retro-inspired sports shoes. The Onitsuka Tiger business will be transferred to OT Group, a wholly owned subsidiary,...
Japan's Asics to spin off Onitsuka Tiger business
Japan's Asics to spin off Onitsuka Tiger business TOKYO, June 10 : 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. Asics shares were up 2.7 per cent in late morning trading in Tokyo, compared with a 0.7 per cent fall for the broader TOPIX index. Under the plan, the Onitsuka Tiger business will be transferred to OT Group Corp, a...