High-End Sneaker Maker On Holding's Costs Rise as Sales Set a Record

Key Takeaways On Holding posted record sales, but expenses and negative foreign currency exchange hurt profits. The high-end sneaker maker backed by tennis great Roger Federer said exposure at the Paris Olympics and success of athletes that wear its sneakers boosted brand awareness. On Holding raised its full-year revenue outlook. On Holding AG (ONON) shares bounced between gains and losses Tuesday after the maker of high-end sneakers reported mixed results as higher costs and foreign currency impacts offse ...