The footwear brand announced Tuesday it was preparing to take another step into the big leagues with an IPO in New York, which could reportedly value the company at over $8 billion (7.4 billion euros)
(L-R) Margot Robbie as Barbie and Kate McKinnon as Barbie in Warner Bros. Pictures’ “BARBIE”. Image: Courtesy of Warner Bros. Pictures.
When actress Margot Robbie swapped high heels for pink Birkenstocks in hit summer movie "Barbie", it illustrated how the sandals have transformed from unglamorous, practical footwear to a highly-coveted fashion item.