One thing toxic at Goop?

Jul 07, 2023

∙ Paid

L Catterton is considering strategic options for Birkenstock IPO, working with Goldman and JP Morgan on listing. The iconic German sandal maker could be valued at more than $6 billion. A transaction would come more than two years after the private equity firm and the family investment company of billionaire Bernard Arnault acquired a majority stake in Birkenstock, valuing the company at $4.9 billion. Brothers Christian and Alex Birkenstock retained a stake in the firm. Birkenstock has recently been investing heavily in building out its production sites in Germany. This includes a new €120 million ($131 million) factory in Pasewalk, a town north of Berlin. The company has about 5,500 employees.
Why are we writing about cottage cheese again. Begging everyone to stop writing the same story.
Sounds like Goop had a toxic work culture. I remember when Elise Loehnen joined Goop. In fact, there’s a high probability that I emailed her at some point in college for a job.

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