Fashion
Birkenstock Holding plc is a German shoe manufacturer known for its sandals and other shoes notable for contoured cork footbeds (soles), made with layers of suede and jute, which conform to the shape of their wearers' feet.
In September 2023, Birkenstock filed for an initial public offering (IPO) in the United States stating that the company would be listed on the New York Stock Exchange under the stock ticker "BIRK". The company completed the IPO and went public on October 11th 2023, raising $1.48 billion at a valuation of $8.64 billion.
Following the IPO, L Catterton continued to be a controlling shareholder with an 83% ownership stake. Alex Birkenstock exited his stake following the IPO.
parent company