Brand awareness allows sandal manufacturer Birkenstock to grow double digits even amid cautious consumer sentiment.
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Birkenstock is a globally recognized German manufacturer of shoes with a focus on anatomically shaped sandals that promote comfort and foot health. CEO Oliver Reichert emphasizes that the strong brand foundation serves as the cornerstone for success. The company appears resilient. Birkenstock reported figures for Q3 on Thursday (August 14) with a strong revenue growth of 12%. Profitability improved significantly with a gross profit margin of 60.5%, representing an increase of 100 basis points. The forecast for the fiscal year 2025 remains optimistic...
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