Birkenstock, and LVMH and Groupe Arnault is studying its strategic options for the famous sandal brand, including a potential IPO. According to the registration statement, filed with the Securities and Exchange Commission, the company is preparing to introduce itself to Wall Street.
The early buzz is that Birkenstock’s valuation could top $8 billion. Birkenstock is more than a shoe, Oliver Reichert said in a letter included with the registration statement. lt’s a way of thinking, a way of living.”As a brand that has endured for centuries since 1774, Birkenstock is widely revered, resonating with the zeitgeist and even defining it.
On sales of 644.2 million euros, adjusted EBITDA totaled 224.4 million euros. For the first filing on the road to an IPO, many key details were left blank, including the number of shares and price of the offering. The Birkenstock footbed, which hasn’t changed for more than 120 years, is especially well known.
Baccarat is for sale. Tor Investment and Sammasan Capital, the two Hong Kong creditors who became shareholders of the prestigious crystal factory when its Chinese owner disappeared in 2020, have mandated the bank Messier & Associés to find a buyer, according to our information.
Vuarnet, the emblematic brand of Roger Pouilloux and Jean Vuarnet, is acquired by LVMH. Vuarnet’s purchase terms and amount are unknown at the moment. But 
A platform aimed at scaling the fragrance brands in Richemont’s portfolio, Laboratoire de Haute Parfumerie et Beauté, will raise the bar on the company’s beauty business.
Antoine Arnault, who had been appointed head of communications and image for the LVMH group (Moët Hennessy Louis Vuitton), is truly a master of communications. Surfing on the Restos du Cœur for 10 million euros is certainly a stroke of genius. And all the while, the Insoumis are getting in their faces comments like “Did they donate any of their parliamentary ‘alimony’ to the Restos du Coeur?”
For twenty years Jean-François Spricigo has developed an artistic language of rare power, mixing different photographic writings often nourished by dialogue with writing, sounds, video or staging. At the foundation of this radical work, the intense relationship with nature which animates the artist, refuting any hierarchy between forms of life: “Humbly, I observe nature and recognize it as the only tangible norm in the face of the changes in our societies” . As the only place, also, of possible reconciliation between the imaginary and the real.
The French luxury house announced in early February that it had taken its beauty activity back in-house, and appointed Raffaella Cornaggia as CEO of Kering Beauté.
The Cherigan Paris 1929 fragrance brand was discovered by Luc Gabriel in 2016, 87 years after its launch and more than a half century after its demise. The name cheri, French for darling, and gant, French for glove, intrigued him. Cherigan was part of the Art Deco period, which Gabriel 
As temples of luxury as well as tourist attractions, Dior Paris 30 Montaigne and Tiffany & Co’s Landmark boutique in New York set the tone. In order to increase traffic and productivity per square foot, luxury boutiques must now become “even more attractive.”