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HomeLifestyle NewsBirkenstock Sales Jump On High-End Clog Boom, Asia Expansion

Birkenstock Sales Jump On High-End Clog Boom, Asia Expansion

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Birkenstock Holding Plc reported faster sales of its high-end sandals and clogs while keeping its annual financial targets unchanged, as the German shoe company seeks to convince investors that it can stay fashionable.

Sales rose 19 percent to €362 million ($378 million) in the three months through December from a year earlier, with momentum especially strong in Asia and for closed-toed footwear, Birkenstock said Thursday. That exceeded analysts’ average estimate of €356 million. The…

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