The Latest Breaking News from L Catterton

Private equity-backed consortium buys majority stake in fitness brand Hyrox

It is understood the deal values Hyrox at around 600 million US dollars (£444 million).

Evening Standard · Sep 8

Birkenstock Beats the Skeptics—But Not on EPS

Birkenstock topped Q3 revenue estimates and raised FY2026 guidance, but shares fell after L Catterton's $1 billion secondary offering, partly offset by a $500 million share buyback.

MarketBeat · Aug 17

India at cusp of 'snacking renaissance'; L Catterton bets on healthy snacking, branded foods

Expressing enthusiasm for India's rising consumption trends, L Catterton zeroes in on the healthy snacking and branded foods market. Having launched its first fund dedicated to India, the firm has made three key investments lately. Executive Chairman Sanjiv Mehta emphasizes the importance of transitioning from unbranded to branded products, predicting…

The Economic Times · Jul 6

Exclusive: Ghost, B2B retail inventory marketplace, raises a $40 million Series C led by L Catterton

Ghost has raised a $40 million Series C led by L Catterton, Fortune can exclusively report.

Fortune · Oct 15, 2024

Step Into Profits With This Shoe Company's Stock

Birkenstock’s sales volumes far outpaced the broader shoe market in 2023, with a 20% gain compared to 4% overall. This year, management increased the full-year sales growth forecast from 17% to 20%. Q2 direct-to-consumer revenue grew about 32%, while wholesale revenue rose 19.2%. And yet, the company still has just…

Barchart · Jun 25, 2024

Birkenstock tripped over its own sandals trying to take a step in the IPO world

Over its 250-year history, Birkenstocks have endured wars, fashion revolutions and more—but can they endure the IPO market?

Fortune · Oct 12, 2023

Birkenstock: Brothers behind shoe brand are worth $3.5 billion

Birkenstock’s seemingly ubiquitous $130 leather sandals have helped the German family behind the brand build one of the biggest footwear fortunes on the planet.

The Times of India · Oct 12, 2023

Birkenstock may be the next test of the IPO market

The PE firm behind it will make $989 million from the sale of shares at $46 each.

Fortune · Oct 11, 2023

From frumpy sandal chic to mainstream appeal: will Birkenstock IPO be a perfect fit?

Recent footwear flotations have not fared well but German brand hopes to buck trend with multibillion listing in US

The Guardian - UK · Oct 9, 2023

Exclusive: Gal Gadot’s Goodles raises $13 million to move boxed mac and cheese beyond kids’ food

L Catterton backed the 2-year-old startup.

Fortune · Sep 11, 2023