Must Read: Asics to Spin Off Onitsuka Tiger Into Standalone Subsidiary, Chanel Names Marie-Laure Cérède to Lead Its Jewelry Design

These are the stories making headlines in fashion on Wednesday. Asics is transferring Onitsuka Tiger to OT Group, a wholly owned subsidiary, via a company split effective January 1. The move will allow quicker decision-making at Onitsuka Tiger, given the sneaker label is a key profit driver for ...