Federer-Backed On Sees 27% Growth Amid Sneaker Boom

In a testament to the thriving sneaker market, On Holding AG—a Swiss sportswear company backed by tennis legend Roger Federer—has reported a remarkable 27% growth in its revenue for the year 2024. This surge underscores the enduring popularity and profitability of athletic footwear as consumers increasingly prioritize comfort and performance over traditional fashion choices.

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