On Holding AG (ONONN)
Summary
ONONN Chart
On Targets CHF 5.6B by 2029, Unveils Football, Golf and $1B Buyback Plan
ON NYSE: ONON outlined a three-year growth plan centered on premium pricing, product innovation, retail expansion and new sports categories, targeting at least CHF 5.6 billion in net sales and an adjusted EBITDA margin of 22% or higher by 2029.
On Holding Stock Jumps as Swiss Sneaker Company ‘Enters Football' With Mbappé, Henry
On Holding stock has struggled mightily this year. The company scored a win Friday—though it's yet to revive the shares.
On Holding Climbs 5% as Kylian Mbappé Joins Its Football Push; Nike Slips
On Holding (NYSE:ONON | ONON Price Prediction) shares are climbing Friday morning after reports that French soccer star Kylian Mbappé is joining the Swiss brand's push into football, taking it into cleats and match-day apparel for the first time in
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On Holding AG Profile
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | David Allemann CEO | XMEX Exchange | CH1134540470 ISIN |
| CH Country | 3,963 Employees | - Last Dividend | - Last Split | 15 Sep 2021 IPO Date |
Overview
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.
Products and Services
- Athletic Footwear: On Holding AG offers a comprehensive lineup of shoes designed for high-performance running, designed to provide comfort, durability, and support for athletes and enthusiasts alike. Whether engaged in marathon running, trail exploration, or intensive training sessions, customers can find footwear tailored to their specific needs.
- Apparel: The company's apparel range includes high-quality, functional sportswear suitable for running, outdoor activities, training, and casual all-day wear. With a focus on innovation, On Holding AG's apparel items integrate technology and fashion, offering wearers optimal performance without compromising on style.
- Accessories: Completing the athletic ensemble, On Holding AG also provides a variety of accessories. These include performance-enhancing items such as running socks, hats for weather protection, and hydration solutions, ensuring athletes have everything they need for an uninterrupted experience.
