Asics North America continued its run in the third quarter of 2025. According to the athletic company, the United States posted single digit growth in Q3, while Canada and Mexico each produced double-digit quarterly growth compared to the previous year, all in local currency. More from WWD Within the U.S., the wholesale channel remains the primary driver for growth across all categories – including performance running, sportstyle and core performance sports. As for the run specialty trade channel, Asics ...

Core Insights - On Holding AG's shares increased over 20% in intra-day trading after the company raised its full-year outlook due to stronger-than-expected third-quarter earnings [1] - The company reported quarterly earnings per share of CHF 0.36, exceeding analyst forecasts of CHF 0.27, with revenue reaching CHF 794.4 million, surpassing the consensus estimate of CHF 763.8 million [1] Financial Performance - Net sales rose by 24.9% year over year, or 34.5% at constant currency, driven by robust demand in both Direct-to-Consumer (DTC) and Wholesale channels [2] - DTC revenue increased by 27.6% to CHF 314.7 million, or 37.5% on a constant-currency basis, while Wholesale sales grew by 23.3% to CHF 479.6 million, or 32.5% when adjusted for currency fluctuations [2] Profitability Metrics - Adjusted EBITDA surged by 49.8% to CHF 179.9 million from CHF 120.1 million a year earlier, with the margin improving to 22.6% from 18.9% [3] - Gross profit margin enhanced to 62.5% from 60.1% [3] Future Outlook - For the full year, On Holding projected constant-currency sales growth of 34%, an increase from the previous guidance of at least 31%, translating to approximately CHF 2.98 billion in revenue, up from CHF 2.91 billion [3] - The company raised its adjusted EBITDA margin target to above 18%, compared to the previous range of 17%–17.5%, and now expects a gross margin around 62.5%, higher than the earlier outlook of 60.5%–61.0% [4]

Pricing Trends in Apparel and Footwear - A third-party data source tracking e-commerce prices indicates a slight increase in apparel prices, but it's not a huge jump from previous trends [2][3][4] - The apparel industry has seen a mix shift into higher price point categories like work wear and tailored pants, contributing to gross margin highs [6][7] - Economists believe the full impact of tariffs hasn't been seen yet due to inventory timing, with potential one-time hits later on [8][9] - Apparel retailers typically hold three months of inventory, suggesting that the real pricing impact from tariffs will likely flow through P&Ls from November onwards [9][10] - Footwear businesses, often run as wholesale models, may see price increases more clearly in the first half of next year due to forward order books locked in for six months [11][12] Company-Specific Observations - Torrid and Anthropology (within Urban Outfitters) have shown the biggest price jumps since Liberation Day, potentially due to mix shift and strategic assortment changes [14][15] - On the footwear side, Hey Dude, Macy's, and Kohl's are showing more price increases compared to pre-liberation day levels, possibly due to a mix shift dynamic [16] - Department stores are trying to fortify themselves with popular and premium brands, actively adjusting their business model [17] Data Considerations - The pricing data factors in discounting and mix shift, but it's not possible to see exactly how these are factoring into the pricing [3] - The prices reflect the final selling price, taking into account discount codes and what shoppers actually paid [5]

Group 1: Company Performance - Advanced Micro Devices (AMD) shares surged 9% after the chipmaker issued upbeat targets at its first analyst day [1] - On Holding (ONON) shares jumped 20% following better-than-expected results and a raised full-year outlook for the third consecutive quarter [2] - International Business Machines (IBM) shares gained about 2% after announcing several quantum-computing breakthroughs [2] - Paramount Skydance (PSKY) was the worst-performing stock in the S&P 500 with a 6.5% decline after a previous surge of nearly 10% [3] - AppLovin (APP) shares registered a further decline of 1.5% after a nearly 9% drop the previous day [3] Group 2: Market Trends - Major U.S. equities indexes were mixed, with the Dow Jones Industrial Average reaching a record high while the Nasdaq and S&P 500 were lower [1] - Oil futures sank more than 3%, while gold futures advanced nearly 2% [4] - The yield on the 10-year Treasury note fell, and the U.S. dollar rose against the pound and yen but slipped against the euro [4]

On Holding shares jumped as the Swiss sneaker maker posted better-than-expected results and lifted its outlook for a third straight quarter. Cheng Xin / Getty Images Close Key Takeaways Consumers continue to snap up On Holding's premium sneakers. But they shouldn't expect them to get cheaper this holiday season. Shares of On Holding (ONON) soared more than 20% in Wednesday trading after the Roger Federer-backed Swiss sneaker maker reported better-than-expected third-quarter results and raised its full-year ...

On Holding lifted its guidance for the third quarter in a rowOn Holding AG (NYSE:ONON) stock is surging today, last seen up 24.6% to trade at $43.85, after the innovative footwear company posted better-than-expected third-quarter earnings and revenue and lifted its annual sales forecast for the third time in a row. Coming up, co-founder and Executive co-Chairman Caspar Coppetti said On will be "full price through the holiday season" despite being up against a "very competitive and very discount-driven envir ...

Core Insights - Skechers has signed Isaiah Hartenstein, center for the Oklahoma City Thunder and winner of the 2025 NBA Finals, to its roster, showcasing the brand's commitment to attracting top talent in basketball [2][3] - Hartenstein will wear the SKX NEXUS™ basketball shoes, which are designed for speed, stability, and support, and will participate in upcoming marketing campaigns for Skechers [2][3] - The partnership highlights Skechers' strategy to align with elite athletes to enhance brand visibility and credibility in the competitive sports footwear market [3][4] Company Overview - Skechers, based in Southern California, designs and markets a diverse range of lifestyle and performance footwear, apparel, and accessories for all demographics, available in 180 countries [6] - The company operates approximately 5,300 retail stores and has a robust international business model through subsidiaries and joint ventures [6] Athlete Roster - Hartenstein joins an elite roster of Skechers Basketball athletes, including NBA stars like Joel Embiid and Julius Randle, as well as WNBA players [4] - This strategic athlete partnership aims to enhance the brand's image and reach within the sports community [4] Product Availability - Skechers Basketball footwear is available through various channels, including the brand's websites, select stores, and specialty retailers globally [5]

Core Insights - Saucony has renewed its partnership with elite distance runner Julia Paternain, emphasizing its commitment to nurturing global talent in the running community [1][2]. Group 1: Partnership Details - The renewed contract with Julia Paternain solidifies a multi-year commitment as she progresses in her career [1][2]. - Ted Fitzpatrick, Vice President of Product Management and Merchandising at Saucony, expressed excitement about deepening the relationship, highlighting Paternain's recent achievements and alignment with Saucony's values [2][3]. Group 2: Athlete Performance - Julia Paternain achieved a bronze medal in the women's marathon at the 2025 World Athletics Championships in Tokyo, with a time of 2:27:23, marking a significant milestone in her career [3][4]. - Paternain's rapid ascent in the marathon scene is notable, having gone from a global ranking of 288th to a world medalist in less than eight months [4]. Group 3: Future Goals and Support - The renewed partnership will focus on supporting Paternain's training and competition goals, including competing with top runners globally and engaging in community initiatives [4]. - Paternain expressed enthusiasm for the future, aiming for more challenges and growth with Saucony's backing [4]. Group 4: Company Background - Saucony is recognized as a leading global performance running brand, known for its innovative technologies and commitment to running culture [6]. - The brand aims to inspire individuals to lead better lives through running and self-expression [6].

On boosted its sales and earnings forecasts for the year after a better-than-expected third quarter in which consumers in Europe and Asia snapped up the Swiss sneaker maker’s high-priced footwear https://t.co/H69obv4PSp ...

Core Insights - On Holding AG reported record net sales and profitability for the third quarter and nine-month period ended September 30, 2025, driven by strong global demand and effective execution of strategic priorities [3][4][7]. Financial Performance - Net sales increased by 24.9% year-over-year to CHF 794.4 million, and by 34.5% on a constant currency basis [3][5]. - Direct-to-Consumer (DTC) sales channel net sales rose by 27.6% to CHF 314.7 million, or by 37.5% on a constant currency basis [5][36]. - Wholesale sales channel net sales increased by 23.3% to CHF 479.6 million, or by 32.5% on a constant currency basis [5][36]. - Gross profit margin reached a new high of 65.7%, up 510 basis points year-over-year, reflecting operational efficiencies and favorable foreign exchange effects [3][5]. - Adjusted EBITDA increased by 49.8% to CHF 179.9 million, with an adjusted EBITDA margin of 22.6% [5][28]. Regional Performance - The Asia-Pacific region experienced a remarkable net sales increase of 94.2%, with a constant currency growth of 109.2% [5][39]. - Net sales in Europe, Middle East, and Africa (EMEA) rose by 28.6% to CHF 213.3 million, while the Americas saw a 10.3% increase to CHF 436.2 million [5][39]. Product Category Growth - Apparel category net sales surged by 86.9%, or 100.2% on a constant currency basis, indicating strong demand across all channels and regions [3][5]. - Net sales from shoes, apparel, and accessories increased by 21.1%, 86.9%, and 145.3%, respectively [5][36]. Strategic Outlook - Following the strong performance, On raised its full-year 2025 guidance, expecting constant currency net sales growth of 34% year-over-year, implying reported net sales of CHF 2.98 billion [3][11]. - The gross profit margin outlook is now around 62.5%, reflecting sustainable efficiencies and a favorable cost environment [3][11].