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On Records Another Bumper Quarter

The Swiss sneaker giant reported record revenues and soaring profits in its second fiscal quarter.
Zendaya wearing On
On received a boost from its recent expansion into apparel and accessories, sales of which were up 63 percent and 24 percent year-on-year, respectively. (On )

Swiss sneaker giant On reported net sales of CHF 567.7 million ($654.4 million) in the three months ending June 2024, up 28 percent from the same period last year and setting a new record for revenue for the second straight quarter.

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