The first collections from Tim Coppens, creative director of apparel for On Holdings, are hitting stores now.
On Holdings is gearing up for the Olympics and, in the midst of a global boom in running, is preparing to take a higher profile with a new store on the Champs-Élysées slated to open next month.
Martin Hoffmann, co-chief executive officer and chief financial officer, told WWD the DTC gains came primarily from the digital channel, but sales at itsalso contributed to the gains. On will continue to roll out stores in the second quarter, with units in Milan and Austin, expected to open next month in addition to the Champs-Élysées unit, which will be its second store inBut it wasn’t just On’s DTC sales that were strong in the period. Wholesale sales increased 12.2 percent to 317.
“We didn’t have the right people in apparel,” Hoffmann admitted. “But Tim brings a totally new level to the company and we built a team around him.” He said Coppens just staged an internal fashion show for the company at its headquarters of the spring ’25 collection, and it was quite impressive, leading to further optimism for the category.running shoe, Cloudsurfer and Cloudrunner running shoes, where it is “gaining market share.
He added that with two stores in Paris, On will “hopefully be a hub” for shoppers during the Games. At the Olympics, he said more than two dozen On-sponsored athletes, including Hellen Obiri, who won the Boston Marathon last month, are expected to compete in a variety of sports and the brand will be sharing their “inspirational stories” as well as some new products before the opening ceremony.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boeing's tip line submissions were up 500% on the year during the first quarterCalls to Boeing's tip line for workers to report safety and quality concerns have increased 500% from a year ago after the mid-air blowout of a 737 Max 9 plug door panel.
Read more »
Stock Market Today: S&P 500 cuts some losses but ends lower on Meta-led tech slumpStock Market Today: S&P 500 cuts some losses but ends lower on Meta-led tech slump
Read more »
Pakistan Sees 500% Increase in Suicide Attacks Since Biden Afghanistan DebacleSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
S&P 500 futures pop in overnight trading, boosted by Alphabet and Microsoft: Live updatesAlphabet and Microsoft get a lift in extended trading after issuing quarterly results.
Read more »
Nasdaq 100 and S&P 500 Drop Back as Hang Seng Continues to RallyUS indices are struggling in the wake of Meta’s earnings last night, but the Hang Seng is showing fresh strength.
Read more »
MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: BenchmarkWill Canny is CoinDesk's finance reporter.
Read more »