On Holding (ONON) is gaining ground in the premium athleisure space as consumer demand remains strong despite stock volatility. LikeFolio's Megan Brantley highlights ONON’s market share gains versus Nike (NKE), strong direct‑to‑consumer momentum, and standout growth in Asia, even as peers like Lululemon (LULU) and Deckers (DECK) face pressure.
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