NYSE:ONONLuxury
On Holding Discounting Puts Premium Pricing And Growth Story Under Review
Emerging discounting on core On Holding products at key retailers and outlets has raised fresh questions about the strength of the NYSE:ONON premium brand.
Channel checks highlight margin pressure in the wholesale channel, challenging recent messaging around full price discipline and margin expansion.
The news follows the return of the co founders as co CEOs and arrives as investors reassess growth and profitability expectations.
On Holding, trading at $34.59 under ticker NYSE:ONON, is...