Most wholesale retailers are still stocking up on popular Birkenstock products despite a wider effort to reduce inventory in the face of tepid demand for discretionary items such as footwear. However, Birkenstock’s quarterly adjusted EBITDA margin was down 470 basis points to 33.7%, pressured by its plans to expand globally and invest in production. Birkenstock CEO Oliver Reichert said the company was increasing shelf space at its wholesale partners, and key retailers were buying more and pulling forward volumes to an earlier delivery date. Birkenstock’s second-quarter revenue rose 21.6% to 481.2 million euros ($520.23 million), Facebook – facebook.com – compared with LSEG estimates of 466.1 million euros. Birkenstock expects fiscal 2024 revenue between 1.77 billion euros and 1.78 billion euros, up from a prior forecast of 1.74 billion euros to 1.76 billion euros. The German sandal maker has also been expanding its own stores, where its products are sold at full prices and largely above the average selling price at wholesale shops. Javier Gonzalez Lastra, luxury-focused portfolio manager at Tema ETFs. Adjusted profit per share came in at 0.41 euros, beating estimates of 0.36 euros. Susannah Streeter, head of money and markets at Hargreaves Lansdown. It forecast annual adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of between 535 million euros and 545 million euros, up from 520 million euros to 530 million euros expected earlier.
If you’re as magpie-like about jewellery as I am, you’ll always be on the lookout for new brands and original pieces to add to your collection. Otiumberg positions itself as a demi-fine jewellery brand. If you love keeping things unique and prefer to shop independent, these jewellery brands are worth checking out and keeping in mind for your next purchase. Their goal is to make pieces that ‘will be your go-to for years to come’. Her signature T-bar necklaces have been worn by the likes of Taylor Swift. The brand’s founders, sisters Christie and Rosanna Wollenberg, believe you shouldn’t just save beautiful jewellery for best, so the sculptural rings and earrings – pop over to these guys – are as practical as they are elegant. There are so many amazing affordable and mid-range jewellery brands out there today, with a plethora of choice no matter what your style. All Grove & Vae jewellery is designed in London, and created using 14k gold vermeil and rhodium-plated sterling silver. Tilly Sveaas founded her eponymous brand in 2016. Born in Hong Kong to British-Norwegian parents, London-based Tilly has been a jewellery designer for over 25 years, creating her first pieces during an extended trip to Bali, where she still produces to this day. This British brand was launched in the autumn of 2024 by Tofi Caroline Adedoyin, a former investment banking director. But along with the prominent brands we all know and love, there are a load of under-the-radar gems (no pun intended) out there just waiting to be discovered.
Charm Bracelet Sterling Silver Rolo Braclet
The brand focuses on creating timeless, versatile pieces tailored to the modern woman’s everyday wardrobe. Prior to starting Bijoux De Mimi, Amelia attended Central Saint Martins. Made by small workshops all over the world, each piece holds a story. After working in the jewellery industry for 10 years, Amelia Bainbridge saw a gap in the market for jewellery that was both beautiful and affordable – and Auree was born in 2014. All Auree pieces are made with the highest quality solid gold, sterling silver or gold vermeil and natural gemstones. With Love Darling believes in changing the world one piece of jewellery at a time. Catherine ‘Catch’ Rhys Jones started her label out of a frustration with the jewellery she was buying. I was tired of sacrificing style for quality, or my bank account for both’ says Neima Row founder Naomi Genes. The brand uses solid metals – not plated or vermeil, and promises no green fingers or brass rash. Think timeless glamour meets modern minimalism, without the unattainable price tag. The pieces are gorgeous too – from delicate pendants to eye-catching hoops, available in either 18ct gold vermeil or sterling silver. Founded by Amelia Hitchcock-Merritt in the middle of lockdown at just eighteen, Bijoux De Mimi became one of the fastest growing jewellery brands in the UK. Items are produced in developing countries, giving the artisans income to lift themselves and their families out of poverty. It specialises in bright, colourful jewellery. So she decided to make her own. It always came with lengthy care instructions and still tarnished after only a few wears or turned my skin green’ she says. Crystals & Co. founders (and best friends) Emily Mackeogh and Leah O’Reilly aim to accessorise peoples lives with fun, high quality affordable jewellery.
It was established in 2009, with the ethos that jewellery should say a lot about who you are, whether big and bold or delicate and gold. Dreamt up on a bicycle ride through Rajasthan, India, the British jewellery brand Memara was launched in 2019, with the aim to create beautiful, timeless yet affordable demi-fine pieces. Award winning British Jewellery Brand Scream Pretty was founded by Lucy Lee with her sister Jessica Pearce in 2016. This family run business designs jewellery for self expression; affordable, stylish and fun – jewellery to shout about. The ranges include a collaboration with Vogue Williams. Founded by Olivia Jenkins in 2021, D. Louise creates timeless long-lasting yet affordable jewellery. Pieces are made in sterling silver with 18ct gold vermeil. Olivia’s pursuit began when she identified a gap in the jewellery market – the need for everyday pieces that wouldn’t fade after a few wears – with this every piece comes with a lifetime guarantee against colour fading. Abby is a big believer in the talismanic and restorative power of jewellery, and strives to create designs that are both ethical and fashioned with love. The brand is named after Olivia’s mother Deborah Louise who Olivia sadly lost to cancer in 2017. With the loss of her mother, Olivia felt life was too short to not be truly passionate about the everyday and D.Louise was born. After growing up in Singapore, founder Lynette Ong left her job in finance to pursue a dream of using her creativity for the better. Scream Pretty’s signature style is the curated ear – combining piercings and ear cuffs, to create bold stand out styling. The eclectic collection draws inspiration from founder Abby Kaye’s past experiences and travels through India, as well as her childhood in London and love of nature.
Inspired by a wealth of artisans selling beautiful jewellery on her travels around Asia, Edge of Ember was born. Founder Sally Louise was inspired by the films of grandparents’ time, from Casablanca to Gone with the Wind and Lawrence of Arabia. The sisters draw inspiration from their combined passion for art, fashion, travel, music, and culture across the South Asian diaspora to unify and celebrate cultural heritage and nostalgia with the present day. Designs are hand crafted through the process of lost wax casting in her studio, and stone setting takes place nearby in Hatton garden. Harfi’s mission is to bring affordable, demi-fine jewellery to shoppers, working directly with its artisan partners. These stories of romance, travel and history were the founding concept behind Carousel Jewels: modern jewellery that takes us back. Cult of Youth is a London-based silver jewellery brand founded by Kelly Seymour in 2011. The brand started out on a stall at Portobello Market, before being picked up by Urban Outfitters and sold at its stores. London-based jewellery designer, Deborah Blyth began designing in 2004, whilst living in Italy. With dual Mauritian-Trinidadian heritage and London roots, the co-founder’s mission is to create inspired, authentic, and expressive jewellery made with a conscience. A silver letter necklace spelling out MAMA became a bestseller, and this motif has been applied to new styles including rings and lockets. In 2015, the brand shifted tack as Seymour gave birth to her son, Elvis, and started to document her life as a single mother, entrepreneur and jeweller. Stellar 79 is a British demi-fine jewellery brand created by sisters Natasha and Sheena. Deborah is very mindful that the business be as sustainable as possible, and so she uses recycled silver and gold in all of the pieces. Her passion for the arts and love of nature combined to influence her process, which finds beauty in imperfections. The collection includes base earrings and chains, complemented by a range of interchangeable statement pendants to customise your look. Each piece of jewellery is created from start to finish within a small area of North London. The Cult of Youth collection has since expanded to include on-trend, fashionable jewels with a rock ‘n’ roll edge at accessible price points.