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Over its 250-year history, Birkenstocks have endured wars, fashion revolutions and more—but can they endure the IPO market?
"Some Birkenstock styles have a contoured footbed that provides arch support and stability," he says. That being said, they can be a more rigid shoe that may feel uncomfortable for those who need ...
Popular footwear brand Birkenstock spooked investors with a cautious outlook in the New Year, even as its pricey-yet-folksy sandals stay on trend with shoppers young and old.
Birkenstock Holding plc is a German shoe manufacturer known for its sandals and other shoes notable for contoured cork footbeds (soles), made with layers of suede and jute, which conform to the shape of their wearers' feet.
Regardless of the reason why, Birkenstock stock was still down a hefty 16% as of 1 p.m. ET. Birkenstock is right on schedule. ... So it might be one to add to a watch list today.
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