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WEKU
Alina Selyukh

'Oldest start-up on earth': Birkenstock's IPO filing is exactly as you'd expect

Birkenstock BIRK
Birkenstock sandals are on display in the window of a store in Berlin. (Sean Gallup/Getty Images)

"Everything has to change, so that everything stays the way it is."

That's how the CEO of Birkenstock begins to explain why the nearly 250-year-old shoemaker is finally deciding to become a publicly traded company.

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