Birkenstock will hike prices globally to offset U.S. tariff impact, CFO says

Birkenstock Holding

15/05/2025 11:09

LONDON, May 15 (Reuters) - German sandal maker Birkenstock will raise prices globally to fully offset the impact of the United States' 10% tariff on European Union-made goods, Chief Financial Officer Ivica Krolo told Reuters on Thursday.

"We will be fully offsetting the effects from current existing tariffs," Krolo said in an interview. "We're not raising in one region only, we see it as a global exercise."

 (Reporting by Helen Reid; Editing by Jan Harvey)

 ((Helen.Reid@thomsonreuters.com; +44 7584 155 200 ;))