On Holdings, the parent company of On Running, reported a 32.3% increase in Q3 revenue to 640 million Swiss francs ($715 million), though profits fell 48% to 30.5 million Swiss francs ($34.5 million) due to higher store-opening costs. Retail revenue rose 49.8% to 250 million Swiss francs ($285 million), and wholesale grew 23.2% to 380 million Swiss francs ($432 million). The Asia-Pacific market, including China, saw the fastest growth at 79.3%, reaching 74.6 million Swiss francs ($85 million). Footwear revenue grew 32% to 600 million Swiss francs ($685 million), while apparel and accessories saw gains of 33% to 26.8 million Swiss francs ($30.5 million) and 54% to 5.3 million Swiss francs ($6 million), respectively. The company raised its full-year revenue forecast to 2.29 billion Swiss francs ($2.6 billion), expecting a 32% increase.