![Birkenstock store in Dortmund (Germany). The company has already filed its documents for its IPO.](https://imagenes.elpais.com/resizer/v2/MDJXI24JDTLRCM2E5L6T3PKQHE.jpg?auth=8ddec7f967509e3822f97e7108ca99f39d838066d87f6d7e444f9814f1ee119f&width=414&height=233&focal=1524%2C1196)
Why going public on Wall Street is cool again
The U.S. primary market is regaining momentum with high-profile IPOs by brands like Arm Holdings, Instacart, Klaviyo and Birkenstock after a long period of dominance by other alternatives
The U.S. primary market is regaining momentum with high-profile IPOs by brands like Arm Holdings, Instacart, Klaviyo and Birkenstock after a long period of dominance by other alternatives
What began more than 200 years ago as orthopedic footwear is, today, the world’s most famous ‘ugly’ sandal. Birkenstocks have been unexpectedly paired with the movie ‘Barbie,’ the environmental movement, and even the Parisian catwalks. Now, they’ve hit the stock market
With an estimated valuation of $8 billion, the historic German sandal maker is expected to make the leap to the markets with an initial public offering slated for September