On Holding Says Tiger Woods Not Partnering With Them
08 Januar 2024 - 6:21PM
Dow Jones News
By Will Feuer
On Holding co-Chief Executive Marc Maurer said the company is
not signing golf star Tiger Woods after his longtime partnership
with Nike ended.
Speaking at the ICR conference, Maurer addressed rumors that
Woods would be signing with the Swiss footwear and athletic apparel
company.
Shares of On pared gains from earlier in the day and recently
traded 5% higher at $27.87.
Woods addressed the long-expected end of the Nike partnership in
a post on X, the social-media site.
"People will ask if there is another chapter," he said. "Yes,
there will certainly be another chapter. See you in LA!"
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 08, 2024 12:06 ET (17:06 GMT)
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