ONON's apparel sales surge 87% in Q3, signaling strong global demand and momentum beyond core footwear.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
ONON surges 35% in a month, fueled by DTC growth, booming apparel sales and triple-digit APAC expansion.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Martin Hoffmann CEO | XMEX Exchange | CH1134540470 ISIN |
| CH Country | 3,254 Employees | - Last Dividend | - Last Split | 15 Sep 2021 IPO Date |
On Holding AG, established in 2010 and based in Zurich, Switzerland, operates globally in the sports product industry. The company specializes in the development and distribution of a wide range of athletic products, including footwear, apparel, and accessories. Targeting various activities such as high-performance running, outdoor adventures, training, all-day wear, and tennis, On Holding AG has established a diversified portfolio. Distribution channels encompass independent retailers, distributors, online platforms, and its own branded stores, ensuring broad accessibility to its offerings worldwide.