On Running Shoes Won't Be Running Black Friday Deals Despite 'Price-Competitive Environment'
Swiss footwear company On Holding (NYSE:ONON) will offer no Black Friday deals in an effort to solidify itself as a premium brand, company officials recently said. "We’re going into this holiday season with a full price strategy," On Executive co-Chairman Caspar Coppetti said during the company's Q3 earnings call last week. "So we have no discounts coming up, and that’s against the backdrop of a very price-competitive environment. So we’re really staying true to the discipline that the premium strategy de ...