On Holding: The Next Consumer Apparel Juggernaut?
On AG(ONON) Seeking Alpha·2024-06-25 19:03
White Bear Studio/iStock via Getty Images In the world of consumer apparel, there's no doubt that Nike (NKE) is currently the king. The company, which is worth roughly 50 billion in sales and $5 billion in profit over the last twelve months, which puts it in a class of its own: TradingView On a revenue basis, this industry megalith is roughly 5x larger than its closest competitor, V.F. Corp (VFC), and on a profit basis, NKE is more than 3x the si ...