It’s a big week for the Arnaults.
Birkenstock, which the Arnault and LVMH-backed L Catterton acquired in 2021, is expected to stage its initial public offering in the coming days. And on Oct. 10, LVMH reports its third-quarter results.
First, Birkenstock: the shoemaker bills itself as the “oldest start-up on earth,” a reference to its 250-year history. But L Catterton is cashing in on the brand’s recent success, which has seen sales