Cautious investors required more than the fashion lure to bring them back into the fractious equities arena.
The once frumpy orthopaedic sandals maker is now established as mainstream high fashion, having launched collaborations with the likes of Dior, Manolo Blahnik and Valentino.
For those waiting in the wings to follow their own IPOs, Birkenstock’s share price performance would be haunting.There have been few initial public offerings this year in major markets around the world and the Birkenstock float was a major test of the appetite for investors.For those waiting in the wings to follow their own IPOs, Birkenstock’s share price performance would be haunting.
Thanks to generative AI, anything to do with the supply of chips is now incredibly hot. And while Arm’s shares experienced a massive debut, it has fallen from these highs.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Birkenstock shares fall 12.6% after landing on the US stock marketShoemaker lands on NYSE with $7.5bn valuation as investors bet there was less mileage in consumer demand for its sandals
Read more »
Birkenstock billionaire brothers bank $5b on buyout bet as shares flopBirkenstock’s ubiquitous leather sandals have helped the German family behind the brand build one of the biggest footwear fortunes on the planet.
Read more »
Birkenstock billionaire brothers bank $5b on buyout bet as shares flopBirkenstock’s ubiquitous leather sandals have helped the German family behind the brand build one of the biggest footwear fortunes on the planet.
Read more »
Birkenstock billionaire brothers bank $5b on buyout bet as shares flopBirkenstock’s ubiquitous leather sandals have helped the German family behind the brand build one of the biggest footwear fortunes on the planet.
Read more »
ASX 200 LIVE: ASX to rise as Wall Street sees Fed policymakers leaning towards a pauseFutures reversed losses after US policymakers signalled a more cautious policy stance; Birkenstock stumbles; Oil eases. Follow updates here.
Read more »
Birkenstock opens 11pc below IPO price in $US1.4 billion trading debut flop as the German shoemaker trades under the stock ticker BIRKThe German sandal maker’s debut under the stock ticker BIRK is the worst opening for a listing of $US1 billion or more in New York in more than two years.
Read more »