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Birkenstock Beats Revenue Targets in First Public Quarter, But Warns on Profits for 2024

The company warned that 2024 margins would likely see a "modest headwind" due to costs associated with ramping up and expanding the business.

Germany , German , Oliver-reichert , Asia-pacific , Birkenstock , New-york-stock-exchange , Middle-east , 0-percent , Liver-reichert ,

Birkenstock plots growth despite slowdown fears

The firm is planning to expand production and open more stores, despite a drop in profits.

Germany , German , Oliver-reichert , Birkenstock , New-york , Liver-reichert , Conomic-growth , Uxury-brands , Ales-growth ,

Birkenstocks is increasing its prices thanks to inflation

Inflation bit into the sandal company's margins in 2023, and consumers will bear the cost

Germany , German , Oliver-reichert , David-kahan , Birkenstock , Pricing , Usiness , Inance , Avid-kahan , Liver-reichert , Andals , Irkenstock-americas

Birkenstock IPO after Arm and Instacart's first month public

The centuries-old German footwear brand has the makings of a blockbuster IPO

United-states , Germany , German , America , Emma-roberts , Manolo-blahnik , Instacart-ipos , Kendall-jenner , Margot-robbie , Oliver-reichert , Juliane-moore , Bernard-arnault