1. Kylian Mbappe ends 20-year Nike partnership to join Swiss sportswear brand On

Kylian Mbappe ends 20-year Nike partnership to join Swiss sportswear brand On

Sports

  • French footballer Kylian Mbappe ended his 20-year partnership with Nike to join Swiss sportswear brand On.
  • On plans to launch its first football boots in 2027, having hired former France star Thierry Henry as football director.
  • The move follows Nike's earlier loss of World Cup winner Lamine Yamal to Adidas, adding pressure on the US brand.
  • Nike CEO Elliott Hill has focused on soccer and running in his turnaround strategy, making Mbappe's exit notable.

Source: reuters.com

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