Sales of Birkenstock’s Closed-Toe Shoe Models Exceed Sandal Revenues for First Time in Q1
Birkenstock’s CEO noted on Thursday’s earnings call that the company has seen a “significant” and “continuous” shift towards closed-toe silhouettes. Birkenstock may be best known as a sandal brand, but according to company executives, its closed-toe shoe offering is gaining traction. On the company’s first quarter earnings call with analysts on Thursday, chief executive officer Oliver Reichert noted that Birkenstock […]