Birkenstock sandals have been sold for decades, but now public investors could get a chance to own a piece of a company. Here’s a look at how the brand stepped into mainstream fashion.
International Business News: Birkenstock marks the fourth major company to go public in the U.S. in the past four weeks, joining the ranks of Arm Holdings, Instacart, and Klaviyo.
The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo’s 15% average rise in their September debuts.
The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo’s 15% average rise in their September debuts.