** Shares of Swiss footwear maker On Holding ONON rise ~5% to $27.81
** Roger Federer-backed On Holding saw strong demand during the holiday season, company executives said at the 2024 ICR Conference
** The company says it is maintaining a high proportion of full-price sales, which would lead to “strong financials” in the holiday quarter
** Strong demand for the brand across all channels, including online and retail partners – Company Managing Director
**On Holding CEO says company currently has no plans (link) to work with Tiger Woods
** The company’s shares rose as much as 9.1% on Monday
** Woods, who has worn Nike apparel since his first contract with Nike NKE in 1996, parted ways (link) with the sportswear giant, the 15-time major champion announced in a social media post
**On Holding shares rose ~57% in 2023
2024-01-08 17:54:33
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