• On reports Q3 sales growth, profit widens

    11 days ago - By Fashion United

    Image: On
    Swiss performance brand On has reported strong sales growth in its first trading update since going public earlier this year.
    In the three months to September 30, the company saw a 67.6 percent year-on-year growth in net sales to 218 million Swiss francs .
    Breaking that down by channel, sales through the direct-to-consumer channel increased 93 percent to CHF 75.7 million, while the wholesale channel was up 56.7 percent to CHF 142.3 million.
    Sales were strongest in North America, up 82.6 percent to CHF 112.2 million, while in Europe they were up 50.3 percent to CHF 88.3 million...
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