Published: July 6, 2023 at 5:54 pm ET
Private equity firm L Catterton is considering strategic options for iconic German sandal maker Birkenstock, including a possible IPO, Bloomberg reported on Thursday, citing people familiar with the matter. An IPO could happen this year or next, Bloomberg quoted the people as saying. The US IPO market has shown signs of a comeback in recent weeks, including the debut of fast-casual restaurant chain Cava Group Inc. CAVA, but results have been mixed. Teen retailer Claire pulled its IPO last week.
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Private equity firm L Catterton is considering strategic options for iconic German sandal maker Birkenstock, including a possible IPO, Bloomberg reported on Thursday, citing people familiar with the matter. An IPO could happen this year or next, Bloomberg quoted the people as saying. The U.S. IPO market has shown signs of a comeback in recent weeks, including the debut of fast-casual restaurant chain Cava Group Inc.
CAVA
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but the results were mixed. Teen retailer Claire pulled its IPO last week.
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