Birkenstock’s IPO is the third-largest US listing so far in 2023. Not bad for functional footwear that was developed to improve foot health, says a University of Bath marketing lecturer.
German sandals maker Birkenstock will launch on the New York stock exchange on Wednesday in an initial public offering that values the company at $8.6 billion, according to multiple media reports. Shares in the company, which was in the hands of the founding family until 2021, will be priced at $46, the Wall Street Journal, CNBC, and other media reported.
When actress Margot Robbie swapped high heels for pink Birkenstocks in the hit summer movie "Barbie," it illustrated how the sandals have transformed from
NEW YORK (AFP) – German sandals maker Birkenstock will launch on the New York stock exchange on Wednesday in an initial public offering that values the company at USD8.6 billion, according to multiple media reports. Shares in the company, which was in the hands of the founding family until 2021, will be priced at USD46, […]