performance-running
(2)
On
On is a Swiss performance sportswear company founded in Zurich in 2010 that designs premium running shoes, apparel, and accessories. Built around its patented CloudTec cushioning - a sole of hollow rubber pods engineered to feel like 'running on clouds' - On grew from a specialty-running startup into a NYSE-listed brand (ticker ONON) with roughly $3.3 billion in projected 2025 revenue. Backed by tennis great Roger Federer since 2019, it competes with Nike, Adidas, and Hoka through design-led innovation, a fast-growing direct-to-consumer business, and manufacturing bets like robot-sprayed LightSpray uppers.
Wolverine Worldwide
Wolverine Worldwide is a Rockford, Michigan-based footwear and apparel company that designs, markets and licenses a portfolio of global brands including Merrell, Saucony, Wolverine, Hush Puppies, Cat Footwear, Chaco, Bates, Harley-Davidson Footwear, HYTEST and Sweaty Betty. Founded in 1883 as a leather tannery and shoe maker, the company today sells performance, work, casual and lifestyle footwear and apparel to consumers in roughly 170 countries through wholesale, e-commerce and direct-to-consumer channels, generating about $1.87 billion in fiscal 2025 revenue.