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Birkenstock, maker of what is affectionately deemed the original ugly sandal, has a luxurious new owner. The German company has been acquired by private equity firm L Catterton, it said in an .
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1 March 2021. In a deal thought to be worth a cool £3.5 billion, Parisian super-conglomerate LVMH announced on Friday that it had acquired the majority stake in family-owned German sandal brand.
Birkenstock filed for an initial public offering Tuesday, though it’s unclear when the German footwear company, which is owned by Louis Vuitton Moët Hennessy-backed private equity firm L. L Catterton, the private equity firm backed by Bernard Arnault’s LVMH, has agreed to buy the German footwear group Birkenstock in a deal that values the company at about €4bn.
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Key Points. Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday. The family-owned German company said the deal would help it to.
Once looked down upon by the fashion elite, German sandal maker Birkenstock now finds itself in the company of Louis Vuitton and Givenchy, as a majority stake of the brand estimated at some .87 billion has been .
German footwear group Birkenstock has been sold to a LVMH (MC.PA) subsidiary in a deal valuing the shoemaker at €4bn (.8bn, £3.5bn). L Catterton, a private equity firm . Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday, in a deal that brings the maker of comfy, blocky sandals in the .
Once shunned by the fashion world, the iconic German sandal company will now be part of LVMH’s portfolio alongside brands such as Dior, Louis Vuitton, and Fendi. The deal values Birkenstock at over billion. Birkenstock, maker of what is affectionately deemed the original ugly sandal, has a luxurious new owner. The German company has been acquired by private equity firm L Catterton, it said in an .
Maya Platform Sandal. Louis Vuitton’s collection of sandals and espadrilles for women embraces flat, wedge, platform and strappy models. Opt for the glamour of a high-heeled evening number or the laid-back chic of an espadrille: all these fashionable styles are expertly crafted in Italy and embellished with the Maison’s signature accents .1 March 2021. In a deal thought to be worth a cool £3.5 billion, Parisian super-conglomerate LVMH announced on Friday that it had acquired the majority stake in family-owned German sandal brand. Birkenstock filed for an initial public offering Tuesday, though it’s unclear when the German footwear company, which is owned by Louis Vuitton Moët Hennessy-backed private equity firm L.
L Catterton, the private equity firm backed by Bernard Arnault’s LVMH, has agreed to buy the German footwear group Birkenstock in a deal that values the company at about €4bn. Key Points. Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday. The family-owned German company said the deal would help it to. Once looked down upon by the fashion elite, German sandal maker Birkenstock now finds itself in the company of Louis Vuitton and Givenchy, as a majority stake of the brand estimated at some .87 billion has been acquired by Bernard Arnault, the man behind the luxury behemoth LVMH.
German footwear group Birkenstock has been sold to a LVMH (MC.PA) subsidiary in a deal valuing the shoemaker at €4bn (.8bn, £3.5bn). L Catterton, a private equity firm backed by the French . Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday, in a deal that brings the maker of comfy, blocky sandals in the orbit of. Once shunned by the fashion world, the iconic German sandal company will now be part of LVMH’s portfolio alongside brands such as Dior, Louis Vuitton, and Fendi. The deal values Birkenstock at over billion.
Birkenstock, maker of what is affectionately deemed the original ugly sandal, has a luxurious new owner. The German company has been acquired by private equity firm L Catterton, it said in an .
Maya Platform Sandal. Louis Vuitton’s collection of sandals and espadrilles for women embraces flat, wedge, platform and strappy models. Opt for the glamour of a high-heeled evening number or the laid-back chic of an espadrille: all these fashionable styles are expertly crafted in Italy and embellished with the Maison’s signature accents .
1 March 2021. In a deal thought to be worth a cool £3.5 billion, Parisian super-conglomerate LVMH announced on Friday that it had acquired the majority stake in family-owned German sandal brand. Birkenstock filed for an initial public offering Tuesday, though it’s unclear when the German footwear company, which is owned by Louis Vuitton Moët Hennessy-backed private equity firm L.
L Catterton, the private equity firm backed by Bernard Arnault’s LVMH, has agreed to buy the German footwear group Birkenstock in a deal that values the company at about €4bn. Key Points. Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday. The family-owned German company said the deal would help it to. Once looked down upon by the fashion elite, German sandal maker Birkenstock now finds itself in the company of Louis Vuitton and Givenchy, as a majority stake of the brand estimated at some .87 billion has been acquired by Bernard Arnault, the man behind the luxury behemoth LVMH.
German footwear group Birkenstock has been sold to a LVMH (MC.PA) subsidiary in a deal valuing the shoemaker at €4bn (.8bn, £3.5bn). L Catterton, a private equity firm backed by the French . Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, it said on Friday, in a deal that brings the maker of comfy, blocky sandals in the orbit of.
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