Growth on a constant currency basis was 26%. The company saw revenue increase in all regions, with the Americas up by 19%, Europe growing by 33% and APMA up by 51%, on a constant currency basis.

Direct-to-consumer revenue was up by 30% on a constant currency basis, while B2B revenue increased by 22%.

Despite this growth across the board, Birkenstock reported a net loss of €7 million for the first quarter of the year, as it continues to invest in production capacity expansion.

Group CEO Oliver Reichert said: “Our results for the first quarter of 2024 once again demonstrate the resilience of our business model and the strong sustained demand for our products. Given our engineered distribution model, demands continues to outpace supply in all our regions, channels and categories. As previously communicated, investments into future growth are having a planned, temporary impact on our profitability.”