On Holding
Coverage of On Holding in the Nexus archive.
- Here’s how much Roger Federer is losing as On Holding says it is being disciplined on price
Apparel maker On Holding experienced a slump in its shares during premarket trade. This occurred after the Zurich-headquartered, U.S.-listed company guided investors toward weaker-than-expected sales for the year.
- Talking Shop (and travel essentials) with Brian Kelly, a.k.a. The Points Guy
Brian Kelly, known as The Points Guy, shares his favorite travel essentials including Pak Reve’s passport wallet, Bose QuietComfort Headphones, Kidde’s battery-powered CO alarm, and On sneakers.
- Inside On’s tech lab, where robots build running shoes in 3 minutes and can eliminate up to 300 hours of human work
On's LightSpray technology uses robotics to create running shoe uppers in three minutes, reducing construction from 200 parts to seven and cutting 200-300 hours of human work. The company, founded in 2010, has filed 200 patents, achieved $3 billion in annual revenue, and a $15 billion market cap while competing against Nike and Adidas.
- Nike’s self-inflicted wounds are risking CEO Elliott Hill’s nascent comeback
Nike's quarterly results revealed mixed performance with modest North American growth but significant declines in China and at Converse. The company faced criticism for a controversial Boston Marathon ad campaign, supply chain issues ahead of the World Cup, and reduced financial disclosures, complicating CEO Elliott Hill's recovery efforts.
- On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags
On Holding beat first-quarter expectations with strong sales in China, outperforming Nike. The Swiss sneaker company saw double-digit growth in China. This helped On Holding to perform well on both top and bottom lines.