Buy Birkenstock? What to know about Crocs, Allbirds and the uneven history of the footwear IPO market

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Iconic footwear brand Birkenstock is planning to go public at a time when tech IPOs including Arm and Instacart are hoping to give the IPO market a jolt.

, it's still a risk with significant consumer implications, though maybe not a risk that will hit soon enough to dent current IPO enthusiasm.

But for now, consumer sentiment remains high, Bochanis said,"but if that were to dramatically change, if the small possibility that we have a rough landing manifests, then that could seriously impact discretionary spending." Though its shares been been under pressure this year, Crocs, which went public in 2006, has gained significantly over the course of its stock market history since it began trading at $21. Like Birkenstock, the brand has successfully collaborated with various designers, including Balenciaga, and also relies on a loyal customer base that appreciates the comfort of the product., also opened around $21 but has traded down to near the $1 range.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 288. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين