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Birkenstock Holding Priced, NYSE: BIRK

European shoemaker known for its luxury sandals.

Industry: Consumer Discretionary

Latest Trade: $47.91 0.00 (0.0%)

First Day Return: -12.6%

Return from IPO: +4.2%

Industry: Consumer Discretionary

BIRKENSTOCK is a revered global brand rooted in function, quality and tradition dating back to 1774. We are guided by a simple, yet fundamental insight: human beings are intended to walk barefoot on natural, yielding ground, a concept we refer to as β€œNaturgewolltes Gehen.” Our purpose is to empower all people to walk as intended by nature. The legendary BIRKENSTOCK footbed represents the best alternative to walking barefoot, encouraging proper foot health by evenly distributing weight and reducing pressure points and friction. We believe our function-first approach is universally relevant; all humans β€” anywhere and everywhere β€” deserve to walk in our footbed. We are German made. Our production capabilities reflect centuries-old traditions of craftsmanship and commitment to using only the highest quality materials. To ensure each product meets our rigorous quality standards, we operate a vertically integrated manufacturing base and produce all our footbeds in Germany. In addition, we assemble over 95% of our products in Germany and produce the remainder elsewhere in the EU. We maintain strict control over our entire supply chain, responsibly sourcing materials that originate mainly from Europe.
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IPO Data
IPO File Date 09/12/2023
Offer Price $46.00
Price Range $44.00 - $49.00
Offer Shares (mm) 32.3
Deal Size ($mm) $1,484
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/10/2023
Offer Price $46.00
Price Range $44.00 - $49.00
Offer Shares (mm) 32.3
Deal Size ($mm) $1,484
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
J.P. Morgan
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Company Data
Headquarters London, United Kingdom
Founded 1774
Employees 6,200
Website www.birkenstock-holding.com

Birkenstock Holding (BIRK) Performance