Birkenstock’s private equity owner L Catterton has started talks in advance of a potential IPO of the company, which could take place as early as September this year.

If the stock listing goes ahead, the German footwear retailer is expected to be valued at more than $8bn (£6.26bn), as reported by The Financial Times.

Investment banks Goldman Sachs and JP Morgan are advising on the potential listing of the company, according to the newspaper.

L Catterton, which is backed by luxury group LVMH, acquired a majority stake in the footwear retailer in February 2021 in a deal that valued Birkenstock at €4bn (£3.43bn).

The footwear retailer’s owners, Christian and Alex Birkenstock, kept a minority stake in the business and Birkenstock said at the time that the money would be used to “pursue growth in markets such as China and India, as well as expand its ecommerce business”.

Birkenstock sells a range of sandals, trainers and accessories across womenswear, menswear and childrenswear, and the retailer’s products are sold in around 90 countries globally.

The news comes after private equity firm L Catterton completed the listing of online beauty retailer Oddity Tech on the Nasdaq stock exchange earlier this month, raising more than $400m (£312.9m).

L Catterton also has investments in fashion brand Ganni and health and fitness company ClassPass.

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