Roger Federer’s On Forecasts $3.3B in 2025 Earnings
In its financial reports shared Tuesday, On revealed revenue of CHF 606.6 million ($679 million) for the final three months of 2024, a 35.7% year-over-year Q4 jump and a 2% uptick from Wall Street expectations. The Swiss brand’s full-year sales finished at CHF 2.32 billion ($2.6 billion) in 2024, with the Roger Federer-backed company forecasting earnings reaching as high as $3.3 billion in 2025, a 27% jump. On’s stock finished Tuesday trading up 5.9% on the heels of the report.
NFL MVP Josh Allen Signs Skydance Sports Deal
The Hollywood Reporter exclusively revealed that Skydance Sports has signed Buffalo Bills QB Josh Allen to a deal that will see the current NFL MVP create a lineup of scripted, unscripted, and branded content with the entertainment firm. There is no word on what sort of programming to expect from Allen, but said in a statement that he wants to develop “compelling content that aims to inspire.”
Jacquemus Names New CEO; Looks To Expand
Jacquemus has a new chief executive, with founder Simon Porte Jacquemus telling WWD that former Celine North America president Sarah Benady will helm the company as its new CEO. The two will work together, with the founder still signing off on decisions regarding the brand’s design, image, and storytelling. It’s a pivotal time for Jacquemus, whose expansion plans this year include a Los Angeles boutique arriving next month and exploring opportunities in Europe, South America, and Asia.
Apple Launches Latest iPad Air Product
The latest innovation from Apple is here, with the tech arm unveiling the all-new iPad Air equipped with a powerful M3 chip and a new Magic Keyboard. Featuring Apple Intelligence, it arrives in two sizes and colors and is priced at $599 for the 11-inch model and $799 for the 13-inch model.
Bill Belichick, North Carolina No Longer to be Featured on ‘Hard Knocks’
It looks like fans won’t be seeing Bill Belichick on the upcoming season of Hard Knocks after all, with NFL VP of Communications Alex Riethmiller telling The Athletic Tuesday that a deal couldn’t be reached to feature the North Carolina Tar Heels and their new head coach. A replacement squad has not yet been named by HBO.
Oscars Viewership Increases to 19.7M, Draws Younger Audience
Sunday’s 97th edition of the Academy Awards recorded 19.7 million viewers across ABC and Hulu after accounting for mobile and PC viewing, a 1% increase from last year’s 19.5 million who tuned in. This is now a five-year high for the awards ceremony in both total viewers and rating among adults aged 18-49, which increased from 3.92 to 4.54, a 19% improvement compared to 2024.
Fernando Tatis Jr. Signs with Bad Bunny’s Rimas Sports
Rimas Sports, the agency co-owned by global superstar Bad Bunny, announced Tuesday a management deal with Fernando Tatis Jr. In the release, Rimas Sports said they will work to broaden the San Diego Padres star’s portfolio as an athlete, businessman, and philanthropist. Other MLB players signed to Rimas Sports include Ronald Acuña Jr., Ezequiel Tovar, and Francisco Alvarez.
Record Miu Miu Sales Leads to Strong Year for Prada
Prada Group posted double-digit revenue growth for the fourth straight year on Tuesday, revealing a 17% increase to 5.4 billion euros ($5.7 billion) in 2024. A big catalyst in the company bucking the recent downward trend in luxury fashion is Miu Miu, the Italian brand that recorded a record 93% year-over-year retail growth last year. Prada has been in the news of late as it considers a potential acquisition of rival Versace.
Denzel Washington & Jake Gyllenhaal’s ‘Othello’ Beats Out ‘Wicked’ on Broadway
The Broadway production of Othello, starring Denzel Washington and Jake Gyllenhaal, grossed an impressive $2.6 million in its first seven performances, overtaking previous successes set by plays and musicals across nine performances by more than $1 million at the Ethel Barrymore Theater. This makes the William Shakespeare-written play the highest-earning production of the week, beating out Wicked. Tickets for the show are currently averaging around $361.90.
Post Malone Adds Free ‘Travelin’ Tailgates’ to Upcoming Stadium Tour
Post Malone shared good news for his fans on Tuesday, revealing free Travelin’ Tailgate parties are arriving for select dates of his upcoming Big Ass Stadium Tour this summer. The free event is only available in 10 stops, with activities ranging from food and brews provided by partner Bud Light, live music, carnival games, and tattoos by his personal artists from Oxford Circle Tattoos. One lucky winner will also win a brand-new Harley-Davidson motorcycle.
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