Birkenstock: The latest figures, news and market research on Birkenstock

Turnover: 750 million EUR (2022)

Country: Germany

BIRKENSTOCK, a global brand of German origin
One of the top five international shoe brands
nearly 3,000 employees
A family business with tradition
BIRKENSTOCK manufactures most of its products at its own sites in the German states of Rhineland-Palatinate, North Rhine-Westphalia, Hesse and Saxony.

Birkenstock sandals debut in New York this Wednesday 11/10/2023

Birkenstock valuation: $8.6 billion.
Birkenstock began to be controlled by investment fund L Catterton in 2021.
L Catterton is associated with LVMH, the world leader in luxury goods.
Birkenstock was founded in 1774 and is based in Germany.
Birkenstock's sales grew at an average rate of 20% over the next few years after the arrival of external management in 2013.

Birkenstock intends to raise up to $1.58 billion for its IPO 03/10/2023

Birkenstock is headquartered in Linz am Rhein, Germany.
Birkenstock was founded in 1774 and began selling sandals in 1963.
The company was valued at around 4 billion euros in 2021 following the acquisition of a majority stake by investment company L Catterton.
Birkenstock employs around 6,200 people and produces its shoes in Germany.

Birkenstock sandals take their place on Wall Street 17/09/2023

Birkenstock is targeting a valuation of $8 billion for its initial public offering on the New York Stock Exchange.
This valuation is twice as high as two years ago.
The company is majority-owned by private equity firm L Catterton.
Christian Birkenstock, one of the two direct heirs, holds 12% of the shares.
The company's sales have quadrupled over the past eight years, rising from 292 million euros in 2014 to 1.2 billion in 2022.
Birkenstock made a net profit of 187 million euros in its last financial year, ending September 2022.
The company produces around 30 million pairs of shoes a year.
More than half of its customers (54%) are in the USA, compared with 36% in Europe.
The company plans to inaugurate its largest factory in Germany in December.

Birkenstock and its Boston clogs take luxury up a notch 30/05/2023

New Birkenstock factory to open in Pasewalk, near the Polish border.
The new factory will employ around 1,000 people.
50% of Boston clog orders will not be filled this year.
The Group employs a total of 5,500 people.
38 subsidiaries
55 directly-operated boutiques
Two Dior models for 960 euros.
L Catterton (LVMH and Financière Agache) acquired Birkenstock for around 4 billion euros.
Sales forecast for 2022: over 750 million euros.
Annual production: 30 million pairs
Number of factories in Germany: 5.

Birkenstock and its Boston clogs take luxury up a notch 07/04/2023

the group has 5,500 employees.
The company has 38 subsidiaries.
The company has taken over distribution with 55 of its own boutiques.
The subsidiary 1774 was launched to market collections in collaboration with fashion designers.
The German company has been owned for two years by L Catterton (a fund owned by LVMH and the Arnault family's Financière Agache)
Sales forecast for 2022: over 750 million euros
30 million pairs manufactured per year. 5 factories in Germany.

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