On Running news and archive

Fashion and beauty stocks struggle on 'Black Monday': Prada drops 13 percent, On gains 3 percent

Uncertainty and panic over the effects of tariffs on the economy, coupled with fears that the trade war launched by the United States would only escalate, dominated the markets on Monday, in another dark day for the major stock indices. However, the day ended up being uneven among the major listed fashion and beauty companies posting losses once...

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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 Running opens office in London

Swiss sportswear retailer On Running opened its first European flagship store in London in early 2023. This was followed a few months later by a second store in the bustling Spitalfields district. Now, the brand is cementing its presence in the UK with the opening of an office in the English capital. The premises, at 12 Fleur De Lis Street, is...

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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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StockX trends: Asics, Adidas, and On fastest-growing sneaker brands

StockX, the global resale platform for sneakers, streetwear and collectables, has released its latest trend report ‘Big Facts: Brands Making Moves,’ revealing that brands on the rise, include Asics, Adidas, and On, while Denim Tears, Timberland, and Prada are among the brands that made the biggest jumps on the secondary market in 2024. Analysing...

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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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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...

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On unveils tennis apparel collection

Swiss high-performance sportswear brand On, backed by tennis star Roger Federer, has unveiled its highly anticipated tennis apparel collection, as it continues its ambition to become the world’s “most premium” sportswear brand. On has drawn from its close collaborations with tennis stars Iga Świątek and Ben Shelton to create a premium and...

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On Running records positive 2023 sales growth

On’s net sales in 2023 increased 46.6 percent to 1,792.1 million Swiss francs or by 55 percent on a constant currency basis. On’s fourth quarter net sales increased 21.9 percent to 447.1 million Swiss francs or by 31 percent on a constant currency basis. Commenting on the company’s financial performance, Martin Hoffmann, co-CEO and CFO of On,...