On Holding Reports Record Q2 Revenue and Expands Global Reach
Swiss sneaker brand sees 28% sales increase, driven by strong demand in Asia-Pacific and new product launches.
- Q2 revenue hit 567.7 million Swiss francs, surpassing analyst expectations.
- Sales in Asia-Pacific surged 74%, with significant growth in other regions.
- Gross profit margin improved to 59.9%, supported by high full-price sales.
- New partnerships with Zendaya and FKA Twigs aim to attract younger customers.
- Company reaffirms full-year forecast of 30% sales growth and 60% gross profit margin.