On news and archive

On in running for record third quarter

Swiss sportswear company On Holding AG has achieved new record results in the third quarter of the 2025 financial year, exceeding market expectations. Given the strong momentum, management raised its annual forecasts again on Wednesday. Revenue for the period from July to September amounted to 794.4 million Swiss francs. This represents a 24.9...

Retail

On Running makes retail debut in South Korea with two stores

On has announced the opening of its first retail stores in South Korea. The Swiss sportswear giant has launched in the region with two locations in the capital, Seoul. According to the company, the decision to enter South Korea’s retail market comes on the back of “sustained momentum in the APAC region”, and thus mark the brand’s next phase of...

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Business

On slips into the red in second quarter despite sales increase

Swiss sportswear supplier On Holding AG set another sales record in the second quarter of the 2025 financial year. Negative currency effects resulted in a substantial loss. Despite this, the trainer specialist raised its annual forecasts on Tuesday due to the unexpectedly strong growth in its operating business. Asiapacific sales more than...

Fashion|In Pictures

Zendaya unveils first co-created footwear with On

Actress Zendaya has debuted her first-ever co-designed shoe with Swiss premium sportswear brand On, with which she has been a brand partner since June 2024. Zendaya enlisted her longtime stylist, Law Roach, in the design project with On to reimagine the running brand’s Cloudzone silhouette with a “bold update”. Her sneaker, named the ‘Cloudzone...

People

Former H&M CEO joins On board of directors

Helen Helmersson, the former chief executive officer for H&M, has joined the board of directors of Swiss sportswear brand On. She has also taken a spot on the Nomination and Compensation Committee, a press release has revealed. Up until 2024, Helmersson had been with H&M since the beginning of her career in 1997, holding a variety of...

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People

On announces leadership transition to a single-CEO structure

Swiss premium sportswear brand On has confirmed it will transition to a single-chief executive officer structure, as current co-CEO Marc Maurer is departing the company after 12 years of successful leadership. In a statement, Maurer said he was exiting the sportswear brand to embark on “a new chapter in his professional life”. He will stay in...

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Business

On Exceeds 2024 Expectations and Forecasts Further Growth

Swiss athletic footwear brand On Holding AG surpassed its own forecasts for the 2024 fiscal year. Given the positive results, which the sneaker specialist released on Tuesday, the company has also set ambitious targets for the current year. Asia-Pacific Revenues Soar by Nearly 85 Percent In the past fiscal year, sales amounted to 2.32 billion...

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Business

On records strong Q3 growth, lifts full year outlook

Swiss sportswear brand On net sales increased by 32.3 percent in the third quarter to 635.8 million Swiss francs or by 33.2 percent on a constant currency basis. On’s net sales in the nine month period increased by 27.3 percent to 1,711.7 million Swiss francs, or by 30.7 percent on a constant currency basis. Commenting on the financial results,...

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Fashion|In Pictures

On debut at LFW with an FKA Twigs performance

Swiss performance sportswear brand On, backed by tennis legend Roger Federer, debuted at London Fashion Week to celebrate its ongoing creative partnership with FKA Twigs. The artist, singer and dancer joined On as a creative partner in May to help the sportswear brand introduce its new training collection as part of its commitment to deepen its...

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Business

On Holding AG posts success in first half, profit grows 156.5 percent

The second quarter and first half of 2024 has been a strong one for Swiss sportswear company On Holding AG, which reported a double-digit sales growth for both periods. The half-year report of the brand also showed a strong improvement in net profit. Net sales totalled 567.7 million Swiss francs in the second quarter, while the company surpassed...

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Fashion|In Pictures

On unveils tennis collaboration with Beams

Swiss performance sportswear brand On is continuing its push into the tennis market by creating a tennis lifestyle collection in collaboration with Japanese lifestyle brand Beams. The tennis-inspired athleisure capsule collection has been designed to bridge the gap between on-court performance and off-court style, offering apparel, including a...

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People

Zendaya joins On as brand partner, plans to reimagine products

Sportswear brand On has announced that actress Zendaya will be joining the company as a brand partner in what is to be a multi-year collaboration that will see the reimagining of certain product lines. Zendaya, who said that she has been a “big fan of On for a long time”, will work with the brand to “drive meaningful conversations around...