On Holding Is Down Over 50% From Its All-Time High. Is a Push Into Football and Golf the Key to Unlocking Faster Growth?

On Holding, maker of CloudTec shoes, has signed football star Kylian Mbappé and is expanding into golf. However, its 2029 targets prioritize growth in running shoes.

The stock is down over 50% from its peak, and these new ventures may not be the key to faster growth.