L Catterton news and trends

Barbie Mention Bumps Birkenstock Ahead of Anticipated IPO
Retail // August 07, 2023

Barbie still has consumers in a chokehold, and brands who have partnered with Mattel or were even referenced in the movie are reaping the benefits.   The most recent brand benefiting from the Barbie effect is Birkenstock, which was mentioned in the Margot Robbie film. The...

Birkenstock Preparing for September IPO in the US
Retail // July 31, 2023

German footwear brand Birkenstock is reportedly getting set for a listing in the U.S. as soon as September. The brand’s owner, private equity firm L Catterton, which is backed by luxury French fashion house LVMH, is preparing to launch an initial public offering (IPO) with plans to...

GlossGenius Raises $28 Million for Beauty and Wellness Platform
Investments // July 27, 2023

GlossGenius has secured $28 million in Series C funding to continue building its platform for small business owners in the beauty and wellness industry. This is the second up-round for GlossGenius in the last 12 months and it brings the company’s total funding to date to...

L Catterton To Acquire Majority Stake In Birkenstock Group
Retail // February 26, 2021

Birkenstock has struck a deal to sell a majority share of Birkenstock Group to private equity firm L Catterton and its affiliates with the inclusion of Financière Agache, Bernard Arnault’s family investment company, according to a Friday (Feb. 26) press release. “In L Catterton and Financière Agache we...

Quick Reads
German Footwear Brand Birkenstock Announces Plans for IPO in New York

September 13, 2023
Birkenstock has filed to go public through an initial public offering (IPO) in New York. The German footwear brand did not specify in its Tuesday (Sept. 12) F-1 filing with the U.S. Securities and Exchange Commission (SEC) the number of shares or the IPO price. The Financial Times (FT) reported Tuesday that Birkenstock aims to achieve a valuation of over $8 billion in its […]

Birkenstock Preparing for September IPO in the US

July 31, 2023
German footwear brand Birkenstock is reportedly getting set for a listing in the U.S. as soon as September. The brand’s owner, private equity firm L Catterton, which is backed by luxury...

GlossGenius Raises $28 Million for Beauty and Wellness Platform

July 27, 2023
GlossGenius has secured $28 million in Series C funding to continue building its platform for small business owners in the beauty and wellness industry. This is the second up-round for GlossGenius...

L Catterton To Acquire Majority Stake In Birkenstock Group

February 26, 2021
Birkenstock has struck a deal to sell a majority share of Birkenstock Group to private equity firm L Catterton and its affiliates with the inclusion of Financière Agache, Bernard Arnault’s family...