On Holding AG Reports Lower Than Expected Q2 Sales Amid US Discount Resistance
Earnings·1 article across 1 outlet
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On Holding AG's second-quarter sales were lower than expected after the Swiss sneaker maker held off from discounting older shoe models ahead of product updates in the highly promotional US market.
The company's decision to resist markdowns has impacted its sales performance, reflecting the challenges faced in the competitive US market.
On Holding AG
Sources
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SourceReports the news
“On Holding AG’s second-quarter sales were lower than expected after the Swiss sneaker maker held off from discounting older shoe models ahead of product updates in the highly promotional US market.”
Bloomberg — On Sales Disappoint After Swiss Brand Resists Markdowns in US