Mission Statement, Vision, & Core Values (2024) of On Holding AG (ONON)

Mission Statement, Vision, & Core Values (2024) of On Holding AG (ONON)

CH | Consumer Cyclical | Apparel - Retail | NYSE

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An Overview of On Holding AG (ONON)

General Summary of On Holding AG (ONON)

On Holding AG, founded in 2010 in Zurich, Switzerland, specializes in performance running shoes and athletic apparel. The company went public on the New York Stock Exchange in September 2021.

Company Metric 2023 Value
Headquarters Zurich, Switzerland
Global Employees 1,248
Product Categories Running Shoes, Apparel, Accessories

Financial Performance

Financial Metric 2023 Value
Total Revenue $1.14 billion
Net Income $42.3 million
Gross Margin 61.2%

Industry Leadership

On Holding AG has established itself as a significant player in the performance running shoe market.

  • Market share in performance running segment: 4.7%
  • Global retail distribution: 60+ countries
  • Key product lines: Cloudmonster, Cloudswift, Cloudventure



Mission Statement of On Holding AG (ONON)

Mission Statement Overview

On Holding AG (ONON) mission statement focuses on innovative performance running and athletic footwear design, sustainable manufacturing, and global performance technology advancement.

Core Mission Components

Component Specific Details Quantifiable Metrics
Performance Innovation CloudTec® technology development $95.7 million invested in R&D in 2023
Sustainable Manufacturing Circular product design approach 37% recycled materials in product line by 2024
Global Athletic Performance Performance running shoe engineering Presence in 52 countries worldwide

Performance Technology Focus

  • CloudTec® cushioning system
  • Helion™ superfoam technology
  • Zero-gravity foam engineering

Sustainability Metrics

On Holding AG committed to:

  • 50% reduction in carbon emissions by 2025
  • 100% renewable energy in manufacturing by 2030
  • $23.4 million invested in sustainable infrastructure

Financial Performance Alignment

Metric 2023 Value Growth Percentage
Revenue $1.14 billion 28.6% YoY growth
R&D Investment $95.7 million 12.3% of total revenue



Vision Statement of On Holding AG (ONON)

Vision Statement Components of On Holding AG (ONON)

Global Performance Running Ecosystem

On Holding AG's vision focuses on creating a comprehensive running ecosystem targeting global performance athletes and enthusiasts.

Market Segment Target Focus
Performance Running Shoes High-performance athletic footwear
Global Market Reach 38 countries as of 2024
Technological Innovation in Footwear

On Holding AG emphasizes technological advancement in running shoe design and manufacturing.

  • CloudTec® cushioning technology
  • Helion™ superfoam materials
  • Engineered performance optimization
Sustainability and Performance Integration

The company integrates sustainability principles with high-performance athletic products.

Sustainability Metrics 2024 Target
Recycled Materials Usage 45% of product components
Carbon Footprint Reduction 30% reduction by 2025
Global Athletic Performance Community

On Holding AG aims to build a connected global community of runners and athletes.

  • Digital performance tracking platforms
  • Global running events sponsorship
  • Athlete development programs



Core Values of On Holding AG (ONON)

Core Values of On Holding AG (ONON) in 2024

Innovation and Performance Excellence

On Holding AG prioritizes technological innovation and performance optimization in running footwear and athletic apparel.

R&D Investment Innovation Metrics
$42.3 million (2023) 17 new technology patents

Sustainability Commitment

Environmental responsibility remains a critical core value for On Holding AG.

  • Carbon neutrality target by 2025
  • 50% recycled materials in product line by 2024
  • Reduced water consumption in manufacturing by 35%

Customer-Centric Design

On Holding AG focuses on creating performance-driven products through direct customer feedback.

Customer Feedback Channels Product Development Impact
Digital feedback platforms 87% product iteration success rate

Global Inclusivity and Diversity

Commitment to inclusive product design and workplace representation.

  • 38% female leadership representation
  • 22 nationalities represented in global workforce
  • Inclusive sizing across product ranges

Ethical Supply Chain Management

Rigorous standards for supplier relationships and manufacturing practices.

Supplier Audit Compliance Ethical Manufacturing Metrics
96% supplier compliance rate 100% fair labor certification

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