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On increases annual revenue by 30 percent and forecasts further growth
Swiss sportswear provider On Holding has concluded the 2025 financial year with a new revenue record, although net profit fell short of the previous year's level. The results, published by the company on Tuesday, surpassed recent forecasts. Last year, revenue amounted to 3.01 billion Swiss francs (3.83 billion dollars). This represents an...
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On's LightSpray technology scales globally with new South Korean facility
Swiss sportswear provider On Holdings commissioned another production facility on Wednesday. The facility uses its proprietary “LightSpray” process. This enables the rapid and environmentally friendly production of shoe uppers using fully automated robotic technology. On opened the first “LightSpray” factory in Zurich last summer. The second...
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On appoints Frank Sluis as new chief financial officer
Swiss sports brand On has appointed Frank Sluis as its new chief financial officer, according to a statement released by the company. Sluis, who is Dutch-born, succeeds Martin Hoffmann. Hoffmann has handled financial duties until now, in addition to his role as chief executive officer (CEO). Sluis will take up the position on May 1, 2026. Global...
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