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The Times of India
The Times of India
World
Bloomberg

'Birkenstock IPO leaves no room for wardrobe malfunction'

Birkenstock IPO LVMH Dr Martens NIke

In the end, Birkenstock Holding Plc couldn’t quite put its best foot forward.

The maker of clumpy shoes on Tuesday night priced its New York initial public offering at $46 a share, dashing hopes that it would price at the top of the $44 to $49 range. Even so, the valuation looks as pricey as its Dior collaboration clog.

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