Birkenstock IPO could look like Arm IPO: Expert

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Greg Martin, managing director at Rainmaker Securities joins BNN Bloomberg to discuss Birkenstock IPO. With a 250-year-old legacy,the German footwear maker could face challenges due to consumer discretionary headwinds, according to Martin. He adds Birkenstock could be compared to Crocs or Allbirds once it goes public. Martin notes the company has seen nice, steady growth in the last decade.

Ken Anderson