Birkenstock’s private equity owner L Catterton is considering launching an IPO of the shoe company, which could happen as soon as September.
The stock market listing could value the footwear brand at over $8bn, sources told Bloomberg.
Final decisions on the timing or size of the IPO are understood not to have taken place.
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L Catterton, which is backed by luxury giant LVMH, bought a majority stake in Birkenstock for an undisclosed sum in 2021.
Descendants of the footwear brand’s founder – brothers Alex and Christian Birkenstock – have kept a minority stake in the business.
Birkenstock has enjoyed a renaissance of late as its footwear has once again become an on-trend item.
According to luxury etailer Yoox, the Boston Clog from the brand was the website’s best-selling shoe of 2022.
The business recently saw an uplift in sales following the release of the Barbie movie, as she was seen wearing a pair of Birkenstocks in one scene.
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