Mbappé's new venture in soccer
Kylian Mbappé is leaving Nike, the brand he has worn throughout his nearly 20-year career, to partner with the Swiss company On, which has little history in soccer. This move includes a stake in On and a role in developing new soccer products, marking a significant shift from being a Nike athlete to a creator and shareholder. Nike's stock dropped 2.3% after the announcement, highlighting the impact of his departure.
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