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

Zuckerberg wants to feed us more AI slop. No, thanks
Technology Opinion

Zuckerberg wants to feed us more AI slop. No, thanks

Meta CEO seeks to flood social feeds with machine-made content.

Bloomberg 09 Nov 2024
Against the odds, London pubs now among city’s top eateries
The Life

Against the odds, London pubs now among city’s top eateries

Great food and drink make businesses viable in a way that traditional pubs are not.

Bloomberg 20 Oct 2024
Asia the place to be as stocks and currencies shine
Investments

Asia the place to be as stocks and currencies shine

A series of epochal events propel the region’s equities to world beaters.

Bloomberg 05 Oct 2024
AI-powered weed-killing robots threaten a $60b market
Primary Sector

AI-powered weed-killing robots threaten a $60b market

Crop-chemical firms rethink business models as new tech promises to slash herbicide use.

Bloomberg 21 Sep 2024