On Holding AG Achieves Record Sales, Faces Currency Challenges
Swiss sportswear giant On Holding AG set a new sales benchmark in the second quarter of the 2025 financial year. The brand saw strong consumer demand and expanded its global reach. Sales figures soared to a new record, showing the company’s robust performance in the competitive sportswear market.
Profitability Impacted by Currency Fluctuations
Despite impressive sales results, On Holding AG slipped into the red this quarter. The company cited negative currency effects as a major factor impacting profitability. Even as revenues climbed, the strength of the Swiss franc against other currencies eroded earnings. The sportswear supplier remains optimistic about future growth and continues to invest in new products and markets.
Looking Ahead
On Holding AG is committed to innovation and global expansion. The brand plans to overcome current headwinds by focusing on product development and tapping into emerging markets. Investors and fans can expect more updates as the company adapts to market conditions and currency fluctuations.
Sources:
On slips into the red in second quarter despite sales increase – FashionUnited
