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louis vuitton birkenstocks*******Birkenstock, maker of what is affectionately deemed the original ugly sandal, has a luxurious new owner. The German company has been acquired by private . 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 .Birkenstock sold to LVMH-backed group in €4bn deal - Financial TimesLVMH-backed fund buys majority stake in Birkenstock - CNBCBirkenstock has been bought by a LVMH-backed private equity fund - Q.louis vuitton birkenstocksBirkenstock sold to LVMH-backed group in €4bn deal - Financial Times
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 .louis vuitton birkenstocks birkenstock ownership 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 grow in.
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 $4 billion.
German footwear group Birkenstock has been sold to a LVMH subsidiary in a deal valuing the shoemaker at €4bn ($4.8bn, £3.5bn).
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. 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 $4.87 billion has been acquired by Bernard Arnault, the man behind the luxury behemoth LVMH. Birkenstock shares debuted on the New York Stock Exchange Wednesday as part of the initial public offering (IPO) previously announced by the German sandal maker with ties to luxury goods company. 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.
Private equity giant L Catterton and Financière Agache took a majority stake in Birkenstock, a 250-year-old German footwear maker.
Birkenstock, the maker of comfortable but decidedly unfashionable sandals, is jumping into bed with the king of luxury goods. Birkenstock on Friday said it will sell a majority stake in its.
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 . 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 grow in.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 $4 billion.
German footwear group Birkenstock has been sold to a LVMH subsidiary in a deal valuing the shoemaker at €4bn ($4.8bn, £3.5bn).
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. 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 $4.87 billion has been acquired by Bernard Arnault, the man behind the luxury behemoth LVMH. Birkenstock shares debuted on the New York Stock Exchange Wednesday as part of the initial public offering (IPO) previously announced by the German sandal maker with ties to luxury goods company.birkenstock ownership 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.
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louis vuitton birkenstocks|birkenstock ownership
