What began more than 200 years ago as orthopedic footwear is, today, the world’s most famous ‘ugly’ sandal. Birkenstocks have been unexpectedly paired with the movie ‘Barbie,’ the environmental movement, and even the Parisian catwalks. Now, they’ve hit the stock market
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Soon Birkenstocks won't just be available at shoe stores. The German company has now filed for an Initial Public Offering (IPO) on the New York Stock Exchange
The German footwear maker, whose iconic sandals are worn by hippies and preppies alike, will continue to be controlled by private equity firm L Catterton, according to a filing on Tuesday.
German footwear maker Birkenstock has filed for an initial public offering (IPO) in the US, with private equity firm L Catterton maintaining control. The IPO could value Birkenstock at over $8billion