On Holding rises after signing French footballer Mbappe from Nike
18/09/2026 13:48
BUZZ-On Holding rises after signing French footballer Mbappe from Nike ** US-listed shares of sportswear brand On Holding 49G.BN, ONON.N up 6% at $28.99 premarket
** Co signs Kylian Mbappe as it enters the soccer market, snapping up the French player from Nike
** ONON plans to launch its first football boots in 2027
** "We are proud of what we achieved together on and off the pitch. As he moves into the next phase of his career, we wish him continued success for what comes next," says Nike
** On Holding also names former French player Thierry Henry as its director of football
** As of last close, On stock down 41% YTD
(Reporting by Koyena Das from Bengaluru)
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