On’s Last Quarter’s Revenue on the Rise by 52.3%, Asia-Pacific Region Soars by 90%

Aug 17, 2023

On August 15th, Swiss sportswear brand On announced its financial data for the second quarter of the fiscal year 2023, ending on June 30th. On achieved a record-breaking sixth consecutive quarter of revenue growth, surging by 52.3% to 444.3 million Swiss Francs.

By channel: Net sales through the Direct-to-Consumer (DTC) sales channel increased by 54.7%, reaching 163.5 million Swiss Francs (approximately 186.18 million US Dollars); net sales through the wholesale channel grew by 51.0%, reaching 280.8 million Swiss Francs.
By region: Net sales in Europe, Middle East, and Africa (EMEA) …