On Holding AG (ONON) Bundle
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 EcosystemOn 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 |
On Holding AG emphasizes technological advancement in running shoe design and manufacturing.
- CloudTec® cushioning technology
- Helion™ superfoam materials
- Engineered performance optimization
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 |
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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