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On’s CloudTec innovation propels meteoric rise in athletic sneaker market

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On, a prominent sneaker brand known for its innovative CloudTec technology featuring distinctive holes in its sneakers, has gained traction in the athletic market. Offering a range of sneakers from road running to hiking, the brand has successfully competed with industry giants, boasting a price range of $100 to $200. The latest earnings report revealed a significant surge in net sales, up by 52.3% year over year to 444.3 million Swiss francs, indicating On’s strong growth. The company aims to double net sales by 2026, targeting at least 3.55 billion Swiss francs, showcasing its ambitious expansion plans and commitment to continuous innovation.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. New Trends such as Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. ConsumerGeniuses.com is a content platform where we curate latest innovations and disruptions in the Top global trends in the Consumer Goods industry. ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. Sign up to our weekly newsletter(s) and never miss out: https://signup.industrygeniuses.com/newsletter
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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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