- Birkenstock debuted on the New York Stock Exchange this month.
- The German shoe brand’s IPO missed the mark, but analysts say the company has upside.
- I visited the Birkenstock store in Soho to see how the company is approaching its retail footprint.
Earlier this month, Birkenstock’s highly-anticipated IPO took an unexpected turn.
Initially the German shoe brand expected shares to reach $46 at an estimated $8 billion valuation, but shares traded at just $41, making it one of the worst debuts for a billion-dollar company in a decade.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased