Swiss sportswear brand On has reported second quarter sales of CHF 567.7 million (£506 million), a growth of 28% year-over-year.

The results reflect the strength of its multi-channel strategy, said the company, boosted by growth in Asia-Pacific sales and in the clothing category, which grew 74% and 63%, respectively.

On expects a full year growth rate of at least 30%, corresponding to sales of CHF 2.26 billion.

In the past few weeks, On unveiled its LightSpray technology, announced a long-term partnership with US actress Zendaya and celebrated performances by On athletes at the Olympics.

David Allemann, co-founder and executive co-chairman, said: “We are coming out of the summer with a lot of confidence and are extremely excited about On's trajectory.

“Over the past months, we have launched important long-term initiatives such as our multi-year partnership with Zendaya, groundbreaking innovations like the LightSpray technology and the opening of our Paris store, our largest own retail location yet."