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Market Chatter: On Holding Working on Football Products With LightSpray Tech in Focus

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On Holding (ONON) is working on football products, with a focus on its LightSpray robotic shoemaking technology, Bloomberg News reported Thursday, citing the company's co-founder, Olivier Bernhard.

On Holding has already shown its interest in the football sector, Bernhard said, according to the report. The company signed on Swiss footballer Sydney Schertenleib in December for a collaboration on lifestyle and training products, the report noted.

On Holding didn't immediately reply to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $37.29, Change: $+0.36, Percent Change: +0.99%

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