On targets $7bn sales by 2029

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Swiss sportswear company On has set a 2029 net-sales target of at least CHF5.6bn ($7bn), as it plans expansion across running, footwear and apparel, and launches football and golf categories.

The company said it was aiming for high-teens constant-currency annual sales growth from 2026 to 2029, a gross margin of at least 65%, and adjusted EBITDA margin above 22%.

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