On Holding AG (ONON) reported a significant growth in its Asia-Pacific (APAC) region, with net sales rising 43.1% year-over-year to CHF 170.5 million in Q2 2026, representing 20% of total quarterly sales. This growth outpaces the company’s overall sales increase of 13.5%. The region’s total revenue for the first half of 2026 reached CHF 344.5 million, reflecting a year-over-year growth of 43.7% and accounting for 20.5% of total sales.
Sales in APAC were driven by strong performances in Japan, South Korea, and Greater China, with Tmall exceeding expectations. The direct-to-consumer (DTC) sales for the company grew 34.3% year-over-year to CHF 388.4 million, making up 45.7% of total sales. On Holding expects a constant-currency sales growth in the low-20% range for 2026, with a gross margin of at least 65% and an adjusted EBITDA margin of 19.5-20%.
In contrast, Wolverine World Wide (WWW) reported a revenue increase of 6.8% to $506.4 million in Q2 2026, with international sales rising 10.9% to $277.2 million, while Deckers Outdoor Corporation (DECK) exceeded $1 billion in revenues during Q1 fiscal 2027, with international sales up 8.4% to $502.1 million.
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