Switzerland’s On targets $6.82 bn sales by 2029, backs FY26 outlook

Swiss sportswear brand On Holding targeted net sales of at least CHF 5.6 billion (~$6.82 billion) by FY29, supported by premium innovation, direct-to-consumer engagement and expansion into football and golf.
It aimed to maintain gross margins of at least 65 per cent and reach an adjusted EBITDA margin of 22 per cent by FY29.
The company also reiterated its FY26 guidance for growth and profitability.Read More