On news and archive

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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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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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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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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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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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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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...

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Sportswear brand On adds former EA exec to board

Swiss sportswear brand On has announced the election of a new independent board member who has been appointed as part of efforts to make a broader selection of executive expertise. Alongside serving as a member of the board of directors, Laure Miele, the former chief operating officer of gaming firm Electronic Arts (EA), will also hold a...

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Retail inspiration: The latest store concepts from around the world

Retailers around the world are striving to improve the shopping experience. While one shop may pamper customers in-store with elements such as a lounge area, another could be looking to empower customers by promoting a 'do-it-yourself' motto through technology. Several retailers, such as London-based multi-brand LN-CC, are fighting their way out...

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On records strong first quarter sales and profit growth

For its first quarter, On Holding’s net sales increased by 20.9 percent to 508.2 million Swiss francs or by 29.2 percent on a constant currency basis. Net sales through the direct-to-consumer sales channel increased by 39 percent to 190.5 million Swiss francs or by 48.7 percent on constant currency basis; while wholesale net sales increased by...

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FKA Twigs joins On as creative partner for new training collection

Artist, singer, and dancer FKA Twigs has joined Swiss high-performance sportswear brand On as its creative partner to introduce its new training collection as it continues to deepen its investment in apparel. On’s expansion into training apparel will launch in September 2024, aiming to offer “bolder, high-performance pieces that enable any kind...

Retail

Larger space, new concept: On celebrates its new opening in Portland

The Swiss sporting goods supplier On Holding AG is continuing its international expansion with the opening of a new store in Portland in the US state of Oregon. From Saturday, the company will be offering its latest shoe models as well as clothing and accessories in a space of around 316 square metres. On presents its new in-store fitting...