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Agenda-setting intelligence, analysis and advice for the global fashion community.

Why Hoka Is Slowing and On Keeps Growing

The two young sneaker brands have been neck and neck for years as they race to see which one will be the next sneaker giant, but recently Hoka’s growth has slipped while On has charged ahead.
The elite distance runner Hellen Obiri wearing a pair of On Cloudboom Strike LS sneakers for the 2024 New York City Marathon.
The elite distance runner Hellen Obiri wearing a pair of On Cloudboom Strike LS sneakers for the 2024 New York City Marathon. (Sarah Stier)

In the race to become the next sneaker giant, Hoka’s pace is flagging while On shows no signs of slowing.

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Further Reading

Luxury Sneakers Lose Their ‘It’ Status

Just a few years ago, designer sneakers were an “it” item driving huge sales. Today the situation has changed, though they still have their place in luxury’s arsenal.

Exclusive: Inside Hoka’s Fashion Ambitions

In a new collaboration with Marni, the running brand known for its chunky, cushioned midsoles is looking to catch the eye of a new fashion audience — without compromising the performance DNA that’s made it an emerging sneaker powerhouse.

How Much Does Sneaker Innovation Matter?

With so many brands peddling new performance technologies, it can be hard for shoppers to understand what makes one product better than another. It's on brands to nail the right mix of form and function.

About the author
Lei Takanashi
Lei Takanashi

Lei Takanashi is a Correspondent at The Business of Fashion (BoF). He is based in New York City and covers menswear, streetwear, young consumer trends, and the intersection between fashion and culture.

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