Footballer Mbappé ends partnership with Nike and signs deal with On — CNBC Top News
French footballer Kylian Mbappé has ended his nearly 20-year partnership with Nike and signed a deal with Swiss sportswear manufacturer On. The player, who had worked with Nike since childhood, decided not to renew his contract with the company.
In an interview with CNBC Top News, Mbappé thanked Nike for two decades of cooperation and explained his decision by the need for change. According to him, after speaking with On representatives, he became increasingly convinced that he wanted to be part of its football project.
Development of the football direction
On, which is only entering the football market, said it would work with Mbappé on developing high-performance footwear and apparel. The footballer noted that comfort and a special connection with boots, the ball and the pitch are important for a player, given the high intensity of training and matches throughout the season.
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Henry and Sternleib join the project
The company also announced the appointment of former footballer and commentator Thierry Henry as director of football. Barcelona player Sydney Sternleib will help develop and test the brand's football apparel.
On was founded in 2010. The company is known for running and tennis products, including CloudTec technology for sole cushioning and LightSpray, a robotic method of creating the upper part of footwear from fiber.
