Why Nike Doesn't Like Roger Federer

355,370
0
Published 2024-06-28
Zendaya: the Hollywood superstar with two Emmys, a Golden Globe, and 180 million Instagram followers. Instead of the usual suspects like Nike or Adidas, she signed with On. So, what is going On?

Let's rewind. Tennis legend Roger Federer, once Nike's poster boy, made headlines by leaving the swoosh - and joining On. Think of it as the sportswear equivalent of breaking up with the popular kid to start a garage band – and becoming a rockstar. On went from garden hose prototypes to billion-dollar sales in just a few years.

On's secret? Innovation, direct sales, and a touch of Swiss precision. Even The Rock gave them a free Super Bowl shoutout.

Is Nike sweating? With Zendaya and Federer, On is climbing faster than your heart rate on a treadmill. Check out our latest video to see how On is turning the sportswear game upside down – one cloud at a time.

⏱ Timestamps
00:00 What is On?
01:44 Nike vs On
02:16 The Rise
04:47 The Strategy
09:00 The IPO
12:00 The Future

🎬 About
Athletic Interest is a video essay series that investigates business stories from the world of sports.

✅ Follow
Email list: athleticinterest.substack.com/
Instagram: www.instagram.com/athleticinterest/

🍿 Watch more
Most popular: bit.ly/36ZZ3Qe
Latest video: bit.ly/2MpsDW6

#federer #on #nike #zendaya

All Comments (21)
  • @its3amagain.
    The fact that ON is already close to Puma in terms of value is crazy to me.
  • @de132
    To be fair, most people did not think Federer leaving Nike was a "mistake", they just felt it was "wrong" for sentimental reasons
  • @edc.3761
    ON was established in 2010 and Roger Federer became an endorser and investor in 2021. Federer's stake in ON is estimated at 3%. To state that Federer is building the company is unfair to the founders of the company. Get your facts straight. And, by the way, ON is primarily a running shoe company.
  • @cedricbrs481
    Subscription model for a pair of shoes … "You’ll own nothing and be happy", no thanks, I’m not your cash cow
  • @hassanzsohail
    I can't believe how underrated this guy.the work he put into making these videos is amazing
  • @bionicle37
    The company gives me "You will own nothing and be happy" vibes
  • @Adrian-nj6bx
    The materials of the ON shoe CAN be recycled, but it was recently demonstrated that ON never recycled anything. This is a big problem, and risks a class action, because ON sold premium shoes and subscriptions with the promise of recycling them, but so far these shoes are just sitting somewhere…probably cause recycling costs money and ON doesn’t want to lose any.
  • Zendaya was such a smart move. It makes On a “sexier” sportswear. I see so many people in my city (very business-forward city) wearing Ons to work!
  • @tiscover
    I don't know - in Europe these are already considered dad sneakers. Mostly older people wear them for their comfort 😅
  • @ASSA727
    You buy ON shows once and never again, that is my experience. there are a lot of quality issues and critics in their home country.
  • @gabkoost
    ON is growing trough it's excusivity brand. If they want to challenge NIKE they have to abandon this line and become mainstreeam which will slowly make them lose their core clientele and be destroyed by the other brands. They are very succesful as they are. There is no need at all to challenge Nike and Adidas as this video suggests. It is not the branch they are in and all their business model is about going the other way and cater for other markets. People that buy ON mostly do it as a statement. If Joe from the corner starts wearing those shoes while he mows his lawn then it's RIP for then.
  • @NouGeTV
    The only one in my family or friend group who is wearing ON shoes here in Switzerland is my 81 year old grandma…
  • I've been following you since your earliest video and eagerly anticipating every new upload. Your production quality, interesting topics and beautiful visuals always amaze me. Keep up the great work! 🔥
  • @BenCaesar
    Hmmmm explosive growth but NB is not one to be slept on
  • Super video! I’m always impressed at how you manage to present so much information concisely and clearly. Thanks very much and have a great weekend! 🙏👟🎾
  • @ldm2622
    nike and jordan brand will always be relevant. this whole On wave feels like another flash in the pan