How do you define “cool”? Maybe it’s ostentation. Maybe it’s exclusivity. Maybe it’s a 250-year-old orthopaedically inspired German shoe. In 2023, odds are it’s the latter.
This week, it was announced that Birkenstock had landed on the US stock market with a $7.5bn (£6.1bn) valuation, more than double its worth in 2021. If you’re unfamiliar with these absurdly comfortable sandals, the classic “Arizona” Birkenstock features a layered sole made of jute fibre and moulded cork, offering your foot some serious support, with two thick suede straps coming in some sort of earthy hue.
