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German Footwear Company Valued at $8.6 Billion October 16, 2023: On Wednesday, Birkenstock, the German footwear company known for its comfortable sandals and clogs, went public on the Nasdaq. The company priced its IPO at $46 per share, below the top of its expected range. This gave Birkenstock a valuation of $8.6 billion. https://lnkd.in/gJKPtRNJ #BreakingNews #NewsUpdate #TRENDINGNEWSTODAY #trendingnow #theleadersmagazine #newstoday

🔬 Exciting News in Materials Testing! 🔬 I'm thrilled to introduce you to the SmartPull Tensile Tester - a game-changer in the world of materials analysis! 🌟 Key Features: ✅ Precision: Accurate measurements for various materials ✅ Efficiency: Faster testing and data acquisition ✅ User-Friendly: Intuitive interface for seamless operation ✅ Versatility: Ideal for research, manufacturing, and quality control Whether you're in aerospace, automotive, or any industry that relies on material strength, SmartPull is your go-to solution. It's time to elevate your testing process and make informed decisions. Ready to revolutionize your materials testing? Connect with me to learn more about SmartPull and its endless possibilities! 🚀 #MaterialsTesting #Innovation #SmartPullTensileTester

After all the hype surrounding the Wall Street debut of Birkenstock, the German footwear company, the reality was rather more sobering. Although the business achieved a valuation of $7.6bn, which is almost twice what its owners paid two years ago, the shares listed under the ticker “BIRK” enjoyed a less than sparkling first day, falling 12.6 per cent, or $5.80, to close at $40.20 compared with the initial public offering price of $46 each. Birkenstock opted to list in New York over Germany partly due to the attractive valuations and high trading volumes on offer. America is also its largest market in terms of sales

Slip Hazards & Safety! ⚠ Slip hazards are mostly attributed but aren't limited to wet surfaces, spills, poor weather, poor lighting, loose flooring, and traction issues. Here are some tips to prevent slips! 1. Keep walkways clear. 2. Wear proper footwear. 3. Place signs near slippery conditions. 🔎 https://lnkd.in/grE-K7j6

Three keys to maximizing the benefits of a sit-to-stand desk: ➡️1) Alternate between sitting and standing ● Set reminders to switch positions every 30-60 minutes. If you’re new to standing desks, start with shorter standing intervals and gradually increase the duration. ➡️2. Move around. ● Utilize short breaks to walk around and stretch. Try performing calf raises, leg lifts, or shoulder rolls ➡️3. Wear comfortable shoes ● Choose shoes with good arch support and cushioning. Avoid high heels or unsupportive footwear. CIPSolutions ~ We help people from Day One to Day Done!  📲855-215-2477 📨info@cipsolutionsinc.com https://lnkd.in/eMVnDj9T #CIPSolutions #InjuryPrevention #MidAtlantic #Chicago 

🌍👠 Exciting developments in Portugal's footwear industry! 🇵🇹 Did you know our country boasts the world's second-highest national average shoe price at €27.7 per pair, just behind Italy? Portugal's footwear sector aims to challenge Italy in the luxury market. "We are focused on elevating product quality to meet higher standards," shares Paulo Gonçalves of APICCAPS. 🌟💼 In 2013, the average export price gap between Portugal and Italy was €12.1 per pair. By 2023, this gap had widened to €38.9. While Italian shoe prices surged by 88% to €66.6 per pair over the past decade, Portuguese footwear prices saw a 19% increase to €27.7. Know more: https://lnkd.in/dGJgTzCq

🌍👠 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗣𝗼𝗿𝘁𝘂𝗴𝗮𝗹'𝘀 𝗳𝗼𝗼𝘁𝘄𝗲𝗮𝗿 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆! 🇵🇹 Did you know our country boasts the world's second-highest national average shoe price at €27.7 per pair, just behind Italy? Portugal's footwear sector aims to challenge Italy in the luxury market. "We are focused on elevating product quality to meet higher standards," shares Paulo Gonçalves of APICCAPS. 🌟💼 In 2013, the average export price gap between Portugal and Italy was €12.1 per pair. By 2023, this gap had widened to €38.9. While Italian shoe prices surged by 88% to €66.6 per pair over the past decade, Portuguese footwear prices saw a 19% increase to €27.7. Know more 👉 https://lnkd.in/dGJgTzCq

Brilliant to be with Rosey Hurst and Raquel Oliveira Fisch at the OECD - OCDE Forum on Due Diligence in the Garment and Footwear Sector where I am meeting so many Impactt partners, clients, and alumni. Suddenly 27 years of history come into focus as we discussed current and future projects. Exciting times! #responsiblesourcing #responsiblebusiness #globalgoals

Global Footwear Market Size The global footwear market was estimated at USD 387.74 billion in 2022 and is forecasted to reach USD 403.18 billion by 2023. . . #footware #marketsize #onlinesurvey #marketresearch #globalmatrixsurvey

💡 Spotlight on · Footwear Testing Methods · Flexing tester / Fatigue bending In a shoe, the forefoot is where the maximum bending stress takes place so it is important to know how much bending it can endure. The purpose is to assess the resistance of a material to tearing and tear growth under a dynamic fatigue bending load. This is for example useful for heel counter materials to make sure it does not break when people slip into their shoes but the test is done most often on soles. What is measured: The test measures the bending stress (BS) in "Newtons per square millimeter" N/mm². It is also known as the flexural E-modulus (modulus of elastic) in MPa (N/mm² is equal to MPa) which is the ratio of stress to strain during flexural deformation. Interpretation of test result: A lower BS indicates that the material bends easily and is stretchy. Opposed, a high BS refers to a stiffer material with low bending possibilities. The higher the resisted bending stress, the better. Tested materials and components: The flexing / fatigue bending test is used for all bendable materials not harder than shore A98. Check out our blog post about material tests within the shoe industry to learn more: https://lnkd.in/eCSiWEPN #framasgroup #materialtesting #footwearcomponent