Kylian Mbappé is leaving Nike after roughly two decades with the sportswear giant. Wall Street sent company shares lower while initially rewarding the company that lured away one of soccer's biggest stars.
The Real Madrid forward and France captain has signed with Swiss sportswear company On Holding, ending a relationship with Nike that began in 2006, when Mbappé was just 9 years old. The agreement makes the 27-year-old superstar the centerpiece of On's expansion into soccer, a market long dominated by Nike, Adidas and Puma.
