New Coverage Addition, Upcoming IPO: ON Running

July 19, 2021

New Coverage Addition, Upcoming IPO: ON Running

Our coverage list is expanding rapidly. Sometimes this includes private companies.

Why do we add these? To allow for company-to-company comparisons, to get ahead of upcoming IPOs, and when we receive multiple member requests..Y'all have been behind some of our favorite coverage additions, like RBLX.

Our recent ON Running company addition checks each of those boxes.

ON shoes, created by and for running enthusiasts, have gained serious traction with consumers in the last 2 years: Purchase Intent has increased +74% vs. 2019.

Demand reached all-time highs in 21Q1 just as consumers kicked off New Year Resolutions, and surged last year as gyms were closed during the pandemic.

Naturally, ON Running wants to capitalize on this momentum. The company is preparing to go public this fall.

ON Running is backed by Roger Federer, who just ended a multi-decade partnership with Nike. ON recently expanded beyond running/walking/trail shoes and into "tennis" shoes specifically with this Roger Pro. All shoes employ "CloudTec" -- a springy sole providing maximum comfort.

Do consumers agree?

According to LikeFolio Consumer Happiness levels, yes.

ON Running Consumer Happiness sits at the very top of the pack. Its next closest competitor (also known for comfort) lags by 10 points.

We'll be tracking ON Running Demand and Happiness closely ahead of the company's IPO. As generic "running" mentions normalize, can this explosive growth rate continue? We'll see...

Want deeper insights? Get Free Access to The Vault.

Related Posts

Is ON Running just a Victim of Current Market Volatility, or is there more to the Story?

ON Running is a popular athletic shoe and performance sportswear […]

Read More
A Recent IPO Backed by Roger Federer Looks Promising

On Running (ONON) is making big strides.  For context, ONON […]

Read More
You’ll Never Guess Which Company Just Launched a Subscription Service…

The average person walks (or runs) through a pair of […]

Read More
1 2 3 4

Related Posts

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.
© 2024
 LikeFolio. All Rights Reserved.
LikeFolio