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🚨 ⚽️ Kylian Mbappé’s controversy in China is having an impact on the stock market.
Swiss sportswear brand On, which recently signed Mbappé as an ambassador, saw its shares fall 3.5% in pre-market trading on Tuesday.
Investors are concerned about potential damage to the brand’s reputation in China, with the Asia-Pacific region accounting for over 20% of its global sales.
On currently operates more than 80 stores in China and is targeting 100 by the end of the year.🇨🇳 📉
(Source: BFM)
Kylian Mbappé’s controversy in China is having an impact on the stock market.Sw…
Swiss sportswear brand On, which recently signed Mbappé as an ambassador, saw its shares fall 3.5% in pre-market trading on Tuesday.
Investors are concerned about potential damage to the brand’s reputation in China, with the Asia-Pacific region accounting for over 20% of its global sales.
On currently operates more than 80 stores in China and is targeting 100 by the end of the year.
(Source: BFM)
2026-10-27T17:41:13+00:00
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