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Roger Federer-Backed On Holding Expands Global Footprint With 19 New Stores, Crosses $112 Million Apparel Sales Mark
Wednesday, March 5, 2025 - 3:33am | 645On Holding AG (NYSE:ONON) surpassed the fourth-quarter earnings and revenue expectations while delivering CHF100 million ($112.48 million) in apparel sales in 2024. During its earnings call, the performance sportswear maker highlighted its new store openings and expansion plans as well. What...
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Novak Djokovic Criticizes Wimbledon Crowd For 'Disrespectful' Behavior — Tesla Investor Ross Gerber Applauds Speech
Tuesday, July 9, 2024 - 12:28am | 516Renowned Tesla Inc investor Ross Gerber, the CEO of Gerber Kawasaki Wealth, has come out in support of tennis ace Novak Djokovic, who accused Wimbledon fans of disrespecting him. What Happened: On Monday, seven-time Wimbledon champion Djokovic voiced his discontent with the crowd’s conduct...
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Net Worth Beyond The Net: Tennis Icons' Business Ventures
Friday, April 5, 2024 - 11:30am | 648Transitioning from sports stardom to investment success is no easy feat, yet several tennis legends have mastered the art. Big names such as Roger Federer, Serena Williams, Venus Williams, Steffi Graf and Maria Sharapova are redefining what it means to leverage athletic fame for entrepreneurial...
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What's Driving On: The Hottest Footwear Company In The Market?
Friday, August 18, 2023 - 10:03am | 887ON Holding AG (NYSE: ONON) shares suffered a setback despite reporting record sales for a sixth consecutive quarter. The Zurich-based footwear company's stock was hit by currency headwinds plagued by a strong Swiss Franc, undermining an otherwise solid second-quarter performance...
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Roger Federer's Sneaker Brand CEO Swears By Physical Stores For Ultimate Brand Experience: 'Only Place Where You...'
Thursday, July 6, 2023 - 6:35am | 545In a recent interview, Martin Hoffmann, the co-CEO and CFO of Swiss footwear and sports apparel brand On Holding (NYSE:ONON), emphasized the importance of physical retail locations in enhancing the brand experience, CNBC reports. Physical Stores Elevate Brand Experience Hoffmann highlighted that...
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Jim Cramer Wants You To Keep An Eye On 'World's Fastest Growing' Sneaker Brand Backed By Roger Federer
Friday, May 19, 2023 - 7:25am | 476Jim Cramer, the CNBC Mad Money host, weighed in on this Swiss sneaker maker that's backed by tennis legend Roger Federer. What Happened: According to Cramer, On Holding AG (NYSE:ONON), launched in 2010, is the "fastest growing sneaker company in the world." He said this on the heels of On Holding's...
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Donald Trump Out, Pro Athletes In: NY's Met Gala Hosts Brittney Griner, Patrick Mahomes, Serena Williams & More
Tuesday, May 2, 2023 - 10:33am | 595Banned from the Met Gala by Anna Wintour herself, Donald Trump was clearly not missed at "fashion's biggest night out" on Monday in New York. In addition to the usual, awesomely-clad standouts, a slew of pro athletes made the scene and grabbed the...
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Top 3 NBA Players Will Make $300 Million In 2022-2023 Season: How This Stacks Up To Other Sports
Friday, October 14, 2022 - 8:30am | 1172Three of the top National Basketball Association players are set for huge paydays in the 2022-2023 season. The paydays come from NBA salaries ranking ahead of other North American sports and also from large endorsement deals. Here are the details. NBA On Top: The trio of LeBron James, Steph Curry...
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Roger Federer Retires: How Tennis Star Bet Against Nike And Won Big
Thursday, September 15, 2022 - 12:15pm | 940Tennis legend Roger Federer announced his retirement Thursday (Sept. 15). Federer leaves the sport ranking third for men in Grand Slam titles and as one of the top earnings athletes ever. What Happened: At the age of 41 and after competing in more than 1,500 professional matches, Federer...
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5 Things You Might Not Know About Tennis Star Rafael Nadal
Friday, June 3, 2022 - 10:50am | 652One of the greatest tennis players of all time is Rafael Nadal. The Spanish tennis player has transformed the sport and created some record-breaking tennis statistics and some top rivalries in tennis. Here are five things you might not know about Rafael Nadal. 1. Grand Slam Record: Nadal is...
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Roger Federer-Backed Sneaker Company Shoots Up Over 46% On NYSE Debut
Wednesday, September 15, 2021 - 11:53pm | 335Tennis legend Roger Federer-backed On Holding AG (NYSE: ONON) saw its share soar almost 46% in Wednesday’s trading after it made its debut on the NYSE. What Happened: The Switzerland-based company is now valued at nearly $11 billion at the end of the trading day. The running shoemaker sold 31...
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2 New Players Emerge In Athlete Shoe Endorsements: Is Competition Heating Up For Nike And Under Armour?
Monday, August 30, 2021 - 6:17pm | 679Two rising companies tackling the sportswear and footwear markets have eyes set on growth and taking on giants like Nike Inc (NYSE: NKE) and Under Armour Inc (NYSE: UA). Nobull Lands QB: Nobull prides itself on providing training shoes and clothing for athletes including CrossFit athletes and the...
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10 Highest Paid Athletes And How They Made Their Money
Friday, May 14, 2021 - 4:35pm | 1007The Forbes Top 10 Highest Paid Athletes list had a record four $100 million earners for the period of May 1, 2020 to May 1, 2021. The previous three years contained three $100 million earners. The $1.05 billion earned by this year's top 10 was up 28% from last year's and came...
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How Eli Manning's Career Earnings Stack Up Against Mayweather, A-Rod And The Biggest Money Makers In Sports
Friday, January 24, 2020 - 2:00pm | 736Eli Manning retired from the NFL this week, leaving as the game's all-time highest paid player with lifetime football paycheck earnings of just over $250 million. But Manning finishes ranked behind several stars in other sports in on-field pay. Based on data compiled from media reports, the...
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Micro-Influencers: A Growing Component Of Apparel Brand Strategy
Monday, July 9, 2018 - 4:36pm | 818Celebrity endorsements aren't what they used to be. The reliance of athletic brands on signing the biggest stars in their respective sports in hopes that they will in turn help push product has become a broken marketing model. Just ask Nike Inc (NYSE: NKE), which has arguably the greatest...