Is Rapid Apparel Growth the Next Catalyst for On Holding?

Key Takeaways ONON's apparel net sales jumped 86.9% to CHF 50.1M in Q3, up 100.2% in constant currency terms.Apparel growth was broad-based across DTC, wholesale and all major geographic regions.Apparel sales hit 1M units in Q3, raising category share to 6.3% from 4.2% a year earlier.On Holding AG’s (ONON) apparel business experienced significant growth in the third quarter of fiscal 2025, with net sales soaring 86.9% year over year to CHF 50.1 million. On a constant currency basis, the growth was even more ...