Athletic footwear brand On has reported revenues of 2.25 billion Swiss francs for the first nine months of 2025. This figure, which equates to more than $2.8 billion, is an increase of nearly 33% compared to the same period last year.

“Brand momentum remains exceptionally high,” the company said on releasing the results.

Co-founder and executive co-chairman Caspar Coppetti said that what was driving this momentum was On’s “focus on excellence”.

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