Birkenstock owner considers IPO at $9.7 billion-plus value

Birkenstock owner considers IPO at $9.7 billion-plus value
(Image: Bloomberg)
Bloomberg
By Eyk Henning and Crystal Tse L Catterton, the private equity firm backed by luxury French fashion house LVMH, is considering strategic options for Birkenstock including an initial public offering (IPO), according to people familiar with the matter.  The iconic German sandal maker could be valued at more than US$6 billion (NZ$9.7b) in an IPO, said one of the people, asking not to be identified because the details are private. The firm is working with advisers including Goldman Sachs Group Inc and JPMorgan Chase & Co on a pot...

More Bloomberg

Afghan refugees should be treated same as South Africans
Bloomberg Opinion

Afghan refugees should be treated same as South Africans

The greater outrage is the suspension of a refugee programme that is so badly needed.

Bloomberg 17 May 2025
A 100% tariff on movies. What does that even mean?
Media Opinion

A 100% tariff on movies. What does that even mean?

"We should underestimate Trump at our own peril."

Bloomberg 10 May 2025
US bonds have never been risk-free, and never will be
Bloomberg Opinion

US bonds have never been risk-free, and never will be

 It will still be a low-risk asset and in high demand. 

Bloomberg 26 Apr 2025
Meta and Apple just got slapped by Europe’s new rulebook
Technology Opinion

Meta and Apple just got slapped by Europe’s new rulebook

The era of the speeding ticket may well be over.

Bloomberg 25 Apr 2025