On’s ascent led by North America
Zurich-based performance footwear brand On’s net sales during the first quarter have exceeded expectations by rising 67.9% to $237 million or 235.7 million Swiss francs, the company has revealed.
The three-month period that ran until March 31, 2022, saw net sales from shoes, clothing and accessories increase 69% (to $224 million or 222.5 Swiss francs), 44.9% ($11.5 million or 11.4 Swiss francs) and 111.8% ($1.8 million or 1.8 million Swiss francs), respectively.