NYSE:ONONLuxury
Does Founder Co-CEOs and Q4 Outperformance Reshape the Bull Case For On Holding (ONON)?
In late April 2026, Swiss performance sportswear company On Holding announced that co-founders David Allemann and Caspar Coppetti had returned as co-chief executive officers, while Martin Hoffmann stepped down, against a backdrop of foreign exchange headwinds but constant-currency revenue growth above 30% and margins that surpassed expectations in Q4 2025.
This combination of founder-led leadership returning alongside resilient operational performance despite currency pressures adds a fresh...