On Holding signs Kylian Mbappé away from Nike
On Holding said it has signed French footballer Kylian Mbappé as it enters the soccer market, snapping him up from Nike.
Sportswear brand ON Holding NYSE:ONON said on Friday it has signed Kylian Mbappé as it enters the soccer market, bringing the French player in from Nike. The company said the announcement sent its US-listed shares 5% higher in premarket trading. On said it is moving into the soccer market as part of the deal.