Birkenstock’s Luxury Ambitions Stall as Investors Pull Back
Shares of Birkenstock have tumbled after the company reported softer quarterly growth and failed to raise its full-year sales outlook, with management citing U.S. tariffs and the conflict in the Middle East. Once positioned as a modern luxury name after its 2023 IPO, the brand now faces a market reassessment that narrows expectations to a steady, l…