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Birkenstock predicts further UK sales success after latest surge

Summary by City AM

Birkenstock has forecast its UK sales will take another huge step forward during its current financial year thanks to growing demand. The footwear brand has revealed its sales have so far been “above initial expectations” in its year which will finish at the end of September. The continued rise in its UK revenue has been boosted by the firm’s retail store expansion as well as in its wholesale channel. The update comes as newly-filed accounts wit…

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Retail Sector

Birkenstock FY turnover rises 25% to £59.8m amid store expansion

Birkenstock has reported that its turnover rose 25.1% to £59.8m in the year ended 30 September 2024, thanks to a rise in UK revenues due to a bricks-and-mortar store expansion. According to the footwear brand, its sales during the period have been “above initial expectations”. This was also attributed to an expansion of its wholesale channel, which accounted for 88% of its total sales. The brand’s pre-tax profit also saw a 50% rise from £1.2m …

9 days ago

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Retail Gazette

Birkenstock to open two new London stores in 2025 as UK sales soar - Retail Gazette

Birkenstock is set to expand its retail presence in London, with two new stores slated to open this year as it UK sales outperformed expectations. The footwear brand’s new stores, which will be located on King’s Road and in Shoreditch, are part of its strategy to bolster its direct-to-consumer business. The King’s Road location will be a permanent store, while the Shoreditch site will operate as a pop-up. Birkenstock’s recent financial performan…

9 days ago

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Drapers

Birkenstock plots new stores as UK sales surge

Drapers Birkenstock plots new stores as UK sales surge Birkenstock is increasing its store presence with two new locations in London this year after operating profit surged by 42% year on year to £1.9m in the 12 months ended 30 September 2024.The post Birkenstock plots new stores as UK sales surge appeared first on Drapers.

9 days ago

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