Running shoe brand On has reported revenues of more than 1.3 billion Swiss francs (CHF) for the first nine months of 2023, an increase of 57.2% year on year, reports Footwearbiz.

Sales in the Americas contributed CHF 861.7 million to the total and increased by almost 70% year on year. In Europe, revenues were more than CHF 375 million, up by 31.3%. Growth in Asia was greatest of all, rising by 82.7% to reach CHF 107 million.

The brand’s co-founder Caspar Coppetti said: “We are thrilled about the ongoing strength and momentum of the On brand. Innovation and performance are at the core and we are extremely excited about how these elements have come to life. We have seen exceptional On athlete performances on the streets, trails, tracks and tennis courts, alongside a number of innovative and exciting product launches.”