March 21, Swiss sportswear brand On announced its financial figures for Q4 and full year of FY 2022 for the year ended December 31, 2022: On achieves strong full-year results in FY 2022, reaching net sales of CHF 1,222.1 million, surpassing the CHF 1 billion mark for the first time in history and growing by 68.7% year-over-year.
In Q4, On reports fourth-quarter net sales of CHF 366.8 million, growing by 91.9% year-over-year, driven by an exceptional underlying full-price demand throughout the holiday season across regions and channels. On’s gross profit margin in Q4 2022 reache …