Preview - Please log in to view full article.

Article Date: September 2023
Word Count: 365

Birkenstock Files for Initial Public Offering in NY


The L Catterton-controlled footbed sandal maker has filed an F-1 with the Securities and Exchange Commission, seeking to list its shares on the New York Stock Exchange under the symbol “BIRK.” The filing has no details yet on price or valuation, but earlier reports suggested that the offering will value Birkenstock at around $8 billion. For years a niche brand targeting a very limited market, Birkenstock has been on a run lately, resonating with a much broader audience boosted by designer collabs and appearances in movies like Barbie Movie and on celebrities’ feet. Its distribution has also expanded in the ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.