The legendary tennis player Roger Federer co-owns On Holding, a Swiss clothing company, which recently revealed a more than twofold increase in first-quarter profits.
In addition, the company represents long-distance runner Hellen Obiri, the current winner of the New York City Marathon and a two-time Boston Marathon champion. She became the first repeat champion since 2005 when she won in Boston for the second time in a row.
- After Obiri was named to the Kenyan Olympic marathon team, On has also achieved a significant victory, and she is undoubtedly going to be among the favorites to win.
The company announced that its first-quarter profit increased to approximately Ksh 13 billion from Ksh 6 billion, while revenue increased by 21% to Ksh 73 billion. The company is also listed on the New York Stock Exchange.
