On Holding AG, the parent company of On Running, reported a stellar 2024 fiscal year with approximately $2.6 billion in sales, tripling its net profit from the previous year. The company’s Q4 revenue surged 35.7% YoY, with direct-to-consumer sales growing by 40.3%. The Asia-Pacific market led with an 84.5% growth rate. Net profit soared to 242.3 million Swiss francs ($271.1 million). On forecasts a 27% sales increase in 2025, reaching $3.3 billion.