Birkenstock has raised its annual sales growth forecast after surpassing quarterly revenue expectations. The company’s robust performance was largely driven by strong full-price demand for its premium sandals. Sales through the direct-to-consumer channel surged by fourteen percent, accounting for nearly thirty-nine percent of total revenue. The Asia-Pacific region led the way in growth, while EMEA and the Americas also enjoyed robust double-digit increases.
India in striking distance of 8% growth as reforms boost economy: Shaktikanta Das
Das said the BFSI sector has a crucial role to play in India’s journey from a lower-middle-income economy to a high-income economy, through its intermediation