On Running Sees Record Q1 Net Sales on Asian Demand – ExecEdge
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On Running Sees Record Q1 Net Sales on Asian Demand
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On Running Sees Record Q1 Net Sales on Asian Demand

 

By Daniella Parra

On Running (NYSE: ONON) said first quarter net sales increased by 14.5% from a year earlier, reaching CHF 831.9 million.

The company said sales in the Asia-Pacific region grew 44.4%, representing more than 20% of global net sales, supported by standout momentum in China and South Korea.

“On is becoming more global, more multi-dimensional and more deeply rooted in different communities around the world,” said Caspar Coppetti, Founder and Co-CEO of On.

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