In this note, we investigate the renorming theory of Banach spaces with property of Rolewicz. In particular, we give a “coordinate-free” proof of the fact that every Banach space with property admits an equivalent norm that is asymptotically uniformly smooth; a result originally due to Kutzarova for spaces with a Schauder basis. We also show that if a natural modulus associated with a Banach space with property is positive at some point in the interval , then admits an equivalent norm with property . This is an asymptotic analog of a profound result from the local geometry of Banach spaces that states that if the modulus of uniform convexity of a Banach space is positive at some point in the interval , then admits an equivalent norm that is uniformly convex.

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