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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOn Holding co-CEO Marc Maurer on Q4 results: Very happy with where consumer demand isMarc Maurer, On Holding co-CEO, and Martin Hoffman, On Holding co-CEO and CFO, join 'Squawk on the Street' to discuss the company's quarterly earnings results, state of the consumer, impact of inflation, growth outlook, and more.
Persons: Marc Maurer, Martin Hoffman
Tiger Woods ends Nike partnership after 27 years
  + stars: | 2024-01-08 | by ( Jessica Golden | ) www.cnbc.com   time to read: +3 min
Tiger Woods during the pro-am as a preview for the Hero World Challenge at Albany Golf Course in Nassau on Nov. 29, 2023. Tiger Woods' 27-year partnership with Nike has come to an end. "Phil Knight's passion and vision brought this Nike and Nike Golf partnership together and I want to personally thank him, along with the Nike employees and incredible athletes I have had the pleasure of working with along the way," Woods wrote. In a statement, the company said: "For over 27 years, we have had the honor to partner with Tiger Woods, one of the greatest athletes the world has ever seen. Yet, Woods brought significant exposure to the Nike brand.
Persons: Woods, Tiger Woods, Phil Knight's, Mark Steinberg, Tiger, Roger Federer, Marc Maurer, it's, TaylorMade, aren't, Brian Yarbrough, Edward Jones, Eric Smallwood, LeBron James, Smallwood, — CNBC's Gabrielle Fonrouge Organizations: Nike, Nike Golf, CNBC, Apex Marketing, Golfers, CNBC PRO Locations: Nassau, Swiss, Orlando, Oregon
On Holding Co-CEOs go one-on-one with Jim Cramer
  + stars: | 2023-10-04 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
On Holding Co-CEOs go one-on-one with Jim CramerOn Holding Co-CEOs Martin Hoffmann and Marc Maurer join 'Mad Money' host Jim Cramer to talk its new subscription service, reiterating its guidance and more.
Persons: Jim Cramer, Martin Hoffmann, Marc Maurer Organizations: Co
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur mission is to be the most premium sports brand, says On Holding Co-CEO Martin HoffmannOn Holding Co-CEOs Martin Hoffmann and Marc Maurer join 'Mad Money' host Jim Cramer to talk its new subscription service, reiterating its guidance and more.
Persons: Martin Hoffmann, Marc Maurer, Jim Cramer Organizations: Holding Co
Marc Maurer and Martin Hoffmann, Co-CEOs of Swiss sports apparel brand On Holding , told CNBC's Jim Cramer that they aim to make their products sustainable. On Holding rolled out Cyclon, a sneaker subscription service where customers pay a monthly fee to return their old sneakers every six months in exchange for new ones. On Holding is also trying to get out of using fossil fuels, Maurer said, and the company recently showcased a new shoe made from carbon emissions. The sneaker is not yet for sale, but Maurer said he expects it to enter the broader market in 2025. "So we feel we have work to do in getting that down, but we don't have risk to our profitability."
Persons: Marc Maurer, Martin Hoffmann ,, CNBC's Jim Cramer, Cyclon, Maurer, It's, Hoffmann Locations: Swiss
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOn co-CEOs discuss performance running shoe market and strong Q1 earningsMarc Maurer and Martin Hoffmann, On co-CEOs, joins 'Squawk on the Street' to discuss Maurer's vantage point on the state of the consumer, who the company is taking the most share from and the company's plan for the rest of the year.
Foot Locker and other sneaker retailers have learned their lesson about depending too much on Nike. Foot Locker has allocated more wall space to emerging performance running brands like On and Hoka. Foot Locker and other sneaker retailers have learned their lesson from Nike's shifting strategy. Although Nike still sells at some retailers like Foot Locker, Nike is committed to putting its own direct-to-consumer sales first. "Acquiring a 21-year-old in New Jersey is more expensive for us to do than Foot Locker because Foot Locker has kept that relationship with that consumer," On co-CEO Marc Maurer told Insider in an interview.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer thinks On Holding is one of the best growth stories out there and here's whyMad Money host Jim Cramer talks to On Holding co-CEOs Martin Hoffman and Marc Maurer about the footwear company's growth and very bullish forecast for both the current quarter and the full year.
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