Dr Martens is heavily focused on its recovery, but that turnaround may not happen under its current ownership structure with a report saying it’s being eyed for a takeover by a number of major non-UK firms. Dr Martens The heritage UK business is listed on the London Stock Exchange but its valuation today is ‘only’ … Read more
Allbirds Inc. announced it has signed definitive agreements with distributors in the Gulf Countries and Southeast Asia, as the U.S. footwear firm shifts from direct go-to-market to third-party distribution in the region. Allbirds Alyasra Fashion, a leading fashion and footwear retailer boasting more than 25 years of experience in the Gulf region, with brands including Jimmy Choo, … Read more
Birkenstock Holding Plc reported earnings that beat estimates as consumers continue to snap up its high-end sandals and clogs while some other casual footwear makers struggle. Birkenstock The company reported a 22% increase year on year to €303 million ($328 million) in sales for the quarter ending December 31, beating the €285 million average of … Read more
By Bloomberg Published Feb 2, 2024 Amer Sports Inc. stock rose as much as 6.2% above its US initial public offering price after its first-time share sale priced below a marketed range. Arc’teryx Shares in the maker of Wilson tennis rackets and Salomon ski boots were trading at $13.61 each as of 1:14 p.m. on … Read more
By Fibre2Fashion Published Jan 19, 2024 Birkenstock, a leading Germany-based global footwear brand, has reported revenues of €1.492 billion for the fiscal ended September 30, 2023 (FY23), marking a 20% increase on both a reported and constant currency basis compared to the previous year. The revenue growth is attributed to a 6% increase in the … Read more
By Bloomberg Published Jan 18, 2024 Birkenstock Holding Plc’s first earnings report as a public company is ripe for volatility as investors gauge whether the negative reaction to its 2023 initial public offering was overdone. BIRKENSTOCK X STÜSSY The Neustadt, Germany-based sandal maker will report results before the US stock market opens Thursday, following a … Read more
By Bloomberg Published Jan 11, 2024 Consumer and retail companies weighing initial public offerings in 2024 will be closely watching the spending outlook for their customers, after the surprisingly bright picture began to darken at the end of last year. Bloomberg US shoppers had largely brushed off rising interest rates thanks to pandemic-era savings buffers … Read more
It turns out that these simple shoes perfectly capture the low-key, laid-back mood everyone is embracing this season, and now that there are Birkenstock’s shearling clogs in the mix, they work just as well in the colder months as they do in the warmer ones. Right now I’d combine a shearling pair with some grey … Read more
By Reuters API Published Dec 18, 2023 Luxury fashion group Golden Goose plans is looking to raise about 1 billion euros ($1.1 billion) from an initial public offering (IPO) in Milan, three people close to the matter told Reuters. Reuters The company’s majority owner, buyout group Permira, has enlisted seven banks to underwrite what is … Read more
German footwear brand Birkenstock on Friday opened a new retail store in the Miami Design District, as the firm looks to make further inroads in the U.S. following its recent IPO debut on the NYSE. Inside the new Miami Design District store – Courtesy Located at 111 NE 40th Street, the new Birkenstock Miami Design District store … Read more
