On Holding AG Class A Ordinary Shares (ONON)
Frequently Asked Questions About On Holding AG Class A Ordinary Shares (ONON)
Does On offer any warranty on its products?
Yes, On Holding AG typically offers a warranty on its footwear products, covering manufacturing defects and ensuring customer satisfaction with the quality of their items. The specifics of the warranty may vary by region and product line. Customers are encouraged to review the warranty policies on On's official website or consult customer service for detailed information about specific products and the duration of coverage.
How does On engage with its customers?
On engages with its customers through various channels, including social media, community events, and promotional campaigns that encourage active participation. The company actively seeks feedback from athletes and users to refine its products and develop new offerings. By fostering an inclusive community of runners and enthusiasts, On builds brand loyalty and enhances customer relationships through shared experiences.
How has On performed since its IPO?
Since its IPO in October 2021, On Holding AG has experienced notable growth driven by strong sales and increased brand recognition. The company has expanded its global presence and product offerings, attracting a dedicated customer base. Investors and analysts have been closely monitoring its financial performance and stock price fluctuations, reflecting market reactions to its strategic initiatives and overall industry trends.
Is On Holding AG publicly traded?
Yes, On Holding AG is publicly traded on the New York Stock Exchange under the ticker symbol ONON. The company went public in October 2021, raising significant capital to support its growth and expansion plans. Being publicly traded allows On to increase its visibility in the market and offer investment opportunities to a broader audience.
What are On Holding's core values?
On Holding AG's core values revolve around innovation, sustainability, performance, and community. The company is committed to developing products that push the boundaries of technology while minimizing their environmental impact. Additionally, On emphasizes creating a community of athletes and enthusiasts, fostering support, engagement, and a shared passion for active lifestyles.
What are the key considerations for investors in On?
Investors considering On Holding AG should evaluate the company's innovative product portfolio, growth potential in the athletic market, and commitment to sustainability. Understanding the competitive landscape, financial health, and market trends related to performance footwear can also inform investment decisions. Additionally, prospective investors should consider how On's brand reputation and community engagement strategies impact its customer base and long-term viability.
What does On Holding AG do?
On Holding AG designs and produces high-performance footwear, apparel, and accessories for athletes and outdoor enthusiasts. The company focuses on creating innovative running shoes and sports gear that combine advanced technology with a distinctive aesthetic. Founded in 2010 in Zurich, Switzerland, On has quickly gained recognition for its commitment to sustainability, performance, and style, making it a popular choice among athletes and fitness enthusiasts globally.
What efforts does On make towards sustainability?
On Holding AG has adopted various sustainability practices, including the use of recycled materials in their products and environmentally friendly manufacturing processes. The company aims to minimize carbon emissions and water usage through its supply chain. Furthermore, On is committed to developing a circular economy for footwear, focusing on product longevity and recyclability, which reflects their commitment to environmental stewardship.
What is the company's growth strategy?
On Holding AG's growth strategy centers around expanding its product offerings, increasing brand awareness, and penetrating new markets. The company plans to achieve this by investing in marketing and promotions, leveraging partnerships with retailers and athletes, and enhancing its e-commerce presence. Moreover, On aims to promote sustainable practices while growing, ensuring that its expansion aligns with its values and customer expectations.
What is the future outlook for On Holding AG?
The future outlook for On Holding AG appears positive, with expectations for continued growth driven by increased consumer demand for innovative, high-performance athletic products. As the company expands its offerings and geographical footprint, it focuses on sustainability and community engagement, aligning with global trends. Ongoing investments in marketing, technology, and product development will be essential for On to maintain its competitive edge in the evolving athletic landscape.
What is the unique feature of On shoes?
On shoes are known for their patented CloudTec technology, which features a distinctive cushioning system designed to provide a soft landing followed by an explosive take-off. This technology involves individual cushioning elements, or 'clouds,' that compress upon impact to absorb shock and then expand to propel the runner forward. Such innovation helps reduce the risk of injury while providing a responsive running experience.
What markets does On target?
On targets various markets, primarily focusing on runners, outdoor enthusiasts, and casual athletes. With a strong emphasis on performance running, the company has developed a niche within the competitive footwear market. Additionally, On caters to lifestyle consumers with its stylish designs that can be worn outside of typical athletic contexts, thereby expanding its reach to a broader audience interested in both fashion and function.
What products does On offer?
On offers a diverse range of athletic products, including running shoes, trail shoes, and casual footwear. In addition to footwear, they also provide performance apparel and accessories designed to enhance athletic passion and experience. Their product line targets both competitive athletes and casual users, emphasizing comfort, technology, and style that meet the varying needs of each group.
What technology is involved in On's products?
On's products are characterized by their proprietary technologies, including CloudTec, Speedboard, and Helion foam. CloudTec technology provides adaptive cushioning and responsiveness, while the Speedboard allows for efficient energy transfer during the running motion. Helion foam enhances durability and energy return, ensuring consistent performance across various conditions, making On's footwear unique in the competitive landscape of athletic gear.
When was On Holding AG founded?
On Holding AG was founded in 2010 by a group of Swiss athletes and entrepreneurs, including Olivier Bernhard, David Allemann, and Caspar Coppetti. The company's inception was driven by a desire to create running shoes that provided a more natural running experience while reducing injury risk. The initial product development was rooted in a passion for running and sports, which has influenced the brand's trajectory ever since.
Where is On Holding AG headquartered?
On Holding AG is headquartered in Zurich, Switzerland. This location was chosen for its proximity to the European market and the brand's roots in Swiss precision and innovation. The headquarters serves as the central hub for design, development, and operational activities, allowing the company to leverage Switzerland's reputation for quality in manufacturing and technology.
Who are On's key competitors?
On faces competition from several well-established brands in the athletic footwear and apparel industry. Key competitors include Nike, Adidas, Saucony, Hoka One One, and Brooks. Each of these companies offers various running shoes and athletic apparel, with some focusing on performance technology, sustainability, or lifestyle integration, presenting diverse challenges and opportunities for differentiation in the market.
Who are the founders of On?
On was founded by Olivier Bernhard, David Allemann, and Caspar Coppetti, all of whom share a background in sports and entrepreneurship. Olivier Bernhard, a former professional triathlete, was particularly influential in the shoe design process, driven by his experience in performance footwear. Their combined vision led to the development of On’s innovative products, aligning their passion for sports with a desire for excellence in footwear.
What is the current price of On Holding AG Class A Ordinary Shares?
The current price of On Holding AG Class A Ordinary Shares is 44.92
When was On Holding AG Class A Ordinary Shares last traded?
The last trade of On Holding AG Class A Ordinary Shares was at 7:00 pm EDT on April 2nd, 2025