On’s FY 2022 Report: Net Sales First-time Exceeded CHF 1 billion; Running Continues to Be a Focus in 2023

3月 22, 2023

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 …