Pity the poor stiletto. Suddenly sturdy and sensible footwear is stealing all the headlines — and stoking investor interest. On Friday, private equity giant L…
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LVMH-backed fund buys majority stake in Birkenstock
BERLIN (Reuters) – Birkenstock has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton, in a deal that brings the maker…
Birkenstock Sells Majority Stake to LVMH-Affiliated Investors
One of Germany’s best known footwear brands, Birkenstock, is selling a majority stake to the American-French private equity firm L Catterton and an affiliated firm,…