Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a string of high-profile companies whose IPOs were met with much fanfare, only to eventually slump, Bloomberg reported Friday (Oct. 20)....
FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO). Eric Hart, the former CFO of Expedia, has joined the 10-year-old startup, marking a milestone following its failed sale to Visa two years ago, the Financial Times...
German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle of the range it had initially sought, valuing Birkenstock at over $9 billion, The New York Times reported Wednesday (Oct....
Birkenstock may need a bigger toe-hold in the direct-to-consumer market before it goes public. That’s according to a Thursday (Oct. 5) report by Reuters, citing comments from investors and analysts who say the sandal-maker needs to increase sales via its website and boutiques before its initial public...
August 28, 2023
The convergence of casualization, comfort, and personalization has become a potent force, reshaping the way people perceive and interact with brands. The modern consumer is seeking more than just clothing and accessories — they seek a reflection of their values, needs and identity. The intersection of casualization, comfort and personalization has given rise to a […]
November 02, 2023
Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more. To assist with the IPO, Ibotta has enlisted the help of Goldman Sachs Group and Citigroup as advisers, Bloomberg reported Thursday (Nov. 2), citing unnamed sources. Reached by PYMNTS, an Ibotta spokesperson declined to comment […]
October 20, 2023
Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a string of high-profile companies whose...
October 11, 2023
German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle of the range it had...
September 26, 2023
Birkenstock is reportedly gearing up for its highly anticipated initial public offering (IPO) with a target valuation of $10 billion. If successful, this move would position Birkenstock as the third-largest...
