Why Americans Are Obsessed With These Ugly Sandals
Kanebridge News
    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,682,703 (+0.16%)       Melbourne $1,032,974 (+0.32%)       Brisbane $1,149,503 (-0.48%)       Adelaide $1,044,873 (+0.57%)       Perth $1,087,323 (+0.79%)       Hobart $838,358 (-0.10%)       Darwin $820,666 (-0.12%)       Canberra $979,872 (-0.24%)       National Capitals $1,138,269 (+0.14%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $797,157 (-0.14%)       Melbourne $549,523 (-0.11%)       Brisbane $755,150 (-0.64%)       Adelaide $578,247 (+0.68%)       Perth $644,099 (+3.57%)       Hobart $571,049 (+0.07%)       Darwin $463,594 (-5.35%)       Canberra $477,768 (-0.27%)       National Capitals $625,689 (+0.06%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 14,358 (+213)       Melbourne 15,978 (-7)       Brisbane 11,458 (+121)       Adelaide 3,654 (+71)       Perth 8,904 (+103)       Hobart 691 (+10)       Darwin 180 (+11)       Canberra 1,209 (+48)       National Capitals 56,432 (+570)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,553 (+66)       Melbourne 6,618 (-48)       Brisbane 2,337 (+34)       Adelaide 604 (-6)       Perth 1,701 (+90)       Hobart 150 (-5)       Darwin 217 (-4)       Canberra 1,213 (+23)       National Capitals 22,393 (+150)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $870 ($0)       Melbourne $600 ($0)       Brisbane $700 ($0)       Adelaide $660 (+$3)       Perth $750 ($0)       Hobart $628 (-$13)       Darwin $850 ($0)       Canberra $710 (+$10)       National Capitals $733 (+$)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $820 (-$5)       Melbourne $620 ($0)       Brisbane $620 (-$3)       Adelaide $550 (+$10)       Perth $700 (-$20)       Hobart $500 (-$30)       Darwin $675 ($0)       Canberra $590 (+$5)       National Capitals $648 (-$5)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,676 (+151)       Melbourne 6,952 (+89)       Brisbane 3,472 (+4)       Adelaide 1,309 (+41)       Perth 2,174 (+11)       Hobart 210 (-11)       Darwin 61 (+5)       Canberra 431 (+4)       National Capitals 21,285 (+294)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 10,090 (-12)       Melbourne 6,145 (+91)       Brisbane 3,338 (+49)       Adelaide 409 (+12)       Perth 701 (+21)       Hobart 75 (0)       Darwin 102 (+4)       Canberra 717 (+47)       National Capitals 21,577 (+212)                HOUSE ANNUAL GROSS YIELDS AND TREND         Sydney 2.69% (↓)       Melbourne 3.02% (↓)     Brisbane 3.17% (↑)        Adelaide 3.28% (↓)       Perth 3.59% (↓)       Hobart 3.89% (↓)     Darwin 5.39% (↑)      Canberra 3.77% (↑)        National Capitals 3.35% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 5.35% (↓)     Melbourne 5.87% (↑)      Brisbane 4.27% (↑)      Adelaide 4.95% (↑)        Perth 5.65% (↓)       Hobart 4.55% (↓)     Darwin 7.57% (↑)      Canberra 6.42% (↑)        National Capitals 5.38% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND         Sydney 34.7 (↓)       Melbourne 33.6 (↓)     Brisbane 39.0 (↑)      Adelaide 32.0 (↑)        Perth 42.6 (↓)       Hobart 30.0 (↓)       Darwin 21.9 (↓)       Canberra 33.2 (↓)       National Capitals 33.4 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND         Sydney 33.6 (↓)       Melbourne 31.2 (↓)     Brisbane 40.9 (↑)      Adelaide 32.6 (↑)        Perth 41.8 (↓)     Hobart 31.3 (↑)        Darwin 43.1 (↓)     Canberra 40.5 (↑)        National Capitals 36.9 (↓)           
Share Button

Why Americans Are Obsessed With These Ugly Sandals

Margot Fraser’s feet hurt. Then she found Birkenstocks and brought them to the U.S. Now the company is worth billions of dollars.

By BEN COHEN
Sun, Oct 15, 2023 7:00amGrey Clock 6 min

One of the iconic shots of the year’s biggest movie was Margot Robbie’s Barbie character in Birkenstocks.

She was only wearing them because of Margot Fraser.

This woman responsible for bringing the supremely comfy, seductively ugly German footwear to the U.S. was one of the most improbable business figures of her time.

She was an accidental entrepreneur who started distributing Birkenstocks from her California home in the 1960s, when nobody knew what they were or how orthopaedic sandals cured foot pain. The only places that would carry them were health-food stores, where each pair might as well have come with a jar of granola. She was a dressmaker with no clue about shoes, much less crunchy ones, but she grew the company from zero to hundreds of millions of dollars in sales. She would even come to be known as Mrs. Birkenstock.

The sandals that she introduced to Americans have become more popular and the business much bigger than Fraser could have predicted. This week, when Birkenstock went public, the company was valued at $8.6 billion.

It’s fitting that Birkenstock’s initial public offering comes on the heels of a summer ruled by the spending power of women because this is a company whose U.S. business has always been built around their needs.

That’s in large part because of Margot Fraser, the most important woman in the company’s history. She paid attention to women—and it paid off. They were her first customers. They were also her best customers. Birkenstock’s financial documents credit “the breakthrough of modern feminism” as a key driver of its business, and the company’s private-equity backers cite the products’ appeal to women as one of the reasons they invested. In fact, Birkenstock says 72% of its customers are female.

It’s a remarkably high number for a company that explicitly markets its products as unisex. Steve Jobs wore them. Sneaker geeks want them. They were designed by Karl Birkenstock, a son of Carl and grandson of Konrad, descendants of the man who started the family’s tradition of shoemaking 249 years ago. More recently, the private-equity firm and family office of Bernard Arnault, the billionaire chief executive of LVMH’s luxury empire, bought a controlling stake and took the company public.

Anyone can now own stock in BIRK because of its connection to one of the world’s richest men, but Birkenstock never would have been in this position without a pioneering woman.

“It is because of Margot and the foundation she built that the brand is enjoying the success that it is today,” the president of the company’s American division said when she died in 2017.

She was the first to admit that she was an unlikely footwear executive and had to learn how to run the business one step at a time.

“I didn’t know a thing about shoes,” she once said. “What I did know was that my feet were always hurting.”

But that was all she needed to know. She figured that millions of women across the country must have feet that were always hurting, too.

Fraser had a keen sense of the American consumer for someone who grew up in war-torn Germany. The principal of her elementary school in the 1930s taught her that “girls were capable of anything and should follow their dreams,” but not everyone in her life agreed. “My mother thought that was all ridiculous feminist stuff,” Fraser wrote in a book offering business advice. Her father wasn’t exactly Betty Friedan, either. When she told him she wanted to travel the world for business and show people that “not all Germans were bad,” he responded: “My dear, you could never do that as a woman.”

She went to dressmaking school and moved to the countryside to make clothing for farmers, who paid her in eggs and butter. It was the teenager’s first taste of entrepreneurship. When she couldn’t see a future in Germany after World War II, she decided to leave home in pursuit of her childhood dream, and she boarded a trans-Atlantic ship with $25 in her pocket.

But it was only when Fraser returned as a tourist nearly 15 years later that she discovered the shoes that would rescue her feet and transform her life.

She was living in the U.S. when she took a spa trip back to Germany in 1966 and came across “sandals that weren’t pretty to look at.” But after years of trying anything to fix her aching feet—even standing on a phone book and gripping it with her toes—she tried on her first Birkenstocks.

She was pain-free within months.

Fraser realised that her feet were always hurting because of her painful footwear. No amount of standing on phone books would have made a difference for women in constrictive heels with pointed toes. What did make the difference for Fraser were these sandals made with leather, cork and a footbed the Birkenstock men invented. They were following in the footsteps of Johannes Birkenstock, which date back to 1774, when the cobbler was mentioned in the church records of a village near Frankfurt. The company’s first sandals were released in 1963, not long before Fraser slipped them on.

They were so comfortable that she didn’t care if they were ugly. Birkenstocks provided value because they solved a problem. They were basically Hokas for hippies.

Fraser took the sandals back to the U.S. and wrote to the Birkenstock family asking if she could sell them to Americans. They said yes to the dressmaker. At first, it seemed unwise. The owners of local shoe stores wouldn’t talk to her, and doctors treated her like a threat to the podiatry business.

She was desperate when a friend mentioned that a group called the Health Food Association was hosting a national convention nearby, which is how she found herself in a San Francisco hotel pitching sandals to people who sold lentils.

She needed to find people who didn’t mind how their shoes looked. As it turns out, they were the kind of people who owned health-food stores. Because they spent all day on their feet, they chose function over fashion. Fraser knew there would be a market for Birkenstocks when she spotted a woman at the convention shuffling around in nylons while carrying shoes that she couldn’t wear.

“The woman tried on a pair,” she wrote, “and bought them despite her husband’s protests.”

Once she had a foothold, Fraser began working out of her Bay Area home in 1967, calling her distribution company Birkenstock Footprint Sandals. She later renamed it Birkenstock USA.

She couldn’t have picked a better time or place for Birkenstocks to come plodding into the U.S. They would have crossed the ocean eventually, but the sandals became a symbol of rebellion because they landed in the heart of the counterculture, when and where people were allergic to the mainstream and willing to wear their antiestablishment values on their feet. “It was this perfect moment,” said Andrea Schneider-Braunberger, the curator of Birkenstock’s historical archives. “The culture was ready for such modern, convention-breaking shoes.”

Fraser worked closely with the Birkenstock family and shared their complete obsession with Birkenstocks. They made the shoes and decisions for the entire company based on her feedback.

The name of the funny-looking sandal that caught her eye was the “Original Birkenstock-Footbed sandal,” but Fraser told her German partners that American women were never going to buy something called “Original Birkenstock-Footbed sandal.” They took her marketing advice and branded the single-strapped sandal the “Madrid.” It remains one of the company’s top sellers.

It took six years for Fraser to venture beyond health-food stores and move into actual footwear stores. But that timing also turned out to be advantageous. By then, people were ready to buy Birkenstocks, and she was better at selling them.

She knew they intrigued baby boomers who didn’t want to look like their mothers and fathers. As it happens, their children don’t mind looking like them. Now, boomers and millennials make up almost the exact same percentage of Birkenstock’s consumers, and the company’s Arizona sandals and Boston clogs can be found in high schools and retirement homes.

The business is also barely recognisable from when she sold Birkenstock USA to her employees and retired in 2002. It was later folded into the German parent company, which is run by Oliver Reichert, the first person outside the Birkenstock family to be the CEO. Arnault’s L Catterton invested in 2021 with eyes on this week’s IPO.

Birkenstock has expanded into sneakers, boots and sandals in wool, shearling and waterproof material. Its proudly frumpy sandals meant to free women from the norms of fashion have become posh enough for celebrities, models and collaborations with Manolo Blahnik. The people who once turned up their noses at them now put their feet in them. And the company’s dominant market is the U.S.

None of that would have been possible without Margot Fraser.

Neither would the final scene in “Barbie.”

To sell more sandals to more Americans, she was always begging her partners for more colours, so Fraser would have been delighted to see what’s on the feet of another woman named Margot.

She’s wearing a pair of pink Birkenstocks.



MOST POPULAR

Victorian auction buyers will soon receive a piece of information that has traditionally been withheld until bidding reaches it: the vendor’s reserve price. Under new property-sale and underquoting laws, agents must publish the agreed reserve at least seven days before an auction or fixed-date sale. Most changes begin on 1 October 2026 and apply to …

Four decks, 34.5 metres and a made-to-measure interior: step aboard the new Custom Line Navetta 35, unveiled at Cannes.

Related Stories
Lifestyle
Forget the AI Apocalypse—the Real Threats Are Already Here
By Christopher Mims 17/09/2026
Money
Energy and Materials Lift the ASX From Three-Month Low
By Ruba Jaajaa 17/09/2026
Lifestyle
How to Give Host Gifts That People Will Want
By Misty White Sidell 15/09/2026
Energy and Materials Lift the ASX From Three-Month Low

The ASX 200 rose about 0.27% as energy and materials advanced. Woodside and gold miners gained while financials and technology weakened.

By Ruba Jaajaa
Thu, Sep 17, 2026 2 min

The Australian sharemarket rebounded from its lowest close in three months on Wednesday, with energy and materials companies leading a cautious recovery.

The S&P/ASX 200 finished approximately 23 points, or 0.27 per cent, higher at 8,695.6 on 16 September. A second data source placed the closing index at 8,696.5, up 24 points or 0.28 per cent. The official close should be confirmed through a licensed feed before publication.

The broader All Ordinaries added 25.2 points, or 0.28 per cent, to 8,874.5.

Energy was the strongest sector, rising 2.19 per cent as Australian producers reflected the previous overnight increase in global oil prices. Woodside gained 2.84 per cent. Brent had settled near US$108.75 a barrel before the local session, although it later traded around US$107.68.

Materials advanced 1.28 per cent and provided the largest positive contribution to the index. Gold producers featured prominently among the strongest stocks, with Pantoro rising 9.3 per cent and St Barbara gaining 8.18 per cent. BCI Minerals added 7.48 per cent.

Financials fell 0.37 per cent, detracting from the benchmark despite earlier strength. Rate expectations remained a significant influence after Westpac joined the other major banks in forecasting a possible Reserve Bank increase in November. Higher rates can expand bank margins in some circumstances but also raise funding costs and increase the risk of loan stress and slower credit growth.

Technology remained weak. Life360 declined 5.46 per cent, while healthcare names that had rallied during Tuesday’s sell-off gave back ground. 4DMedical lost 5.35 per cent and Telix Pharmaceuticals fell 4.96 per cent.

James Hardie dropped 5.23 per cent. Codan moved against the weaker technology tone, gaining 7.51 per cent.

The session produced positive breadth, with more advancers than decliners among the largest 250 stocks, but the broader backdrop remains unsettled. Oil prices have revived inflation concerns, bond yields are elevated and investors are assessing the prospect of further monetary tightening in Australia and the United States.

The rebound therefore recovered only part of Tuesday’s 0.9 per cent decline. For Thursday, investors will be watching overnight central-bank developments, energy markets and whether gains can broaden beyond resources.

Market dashboard — 16 September 2026

S&P/ASX 200* Approximately 8,695.6, up 23.1 points or 0.27 per cent; verify the official closing print

All Ordinaries: 8,874.5, up 25.2 points or 0.28 per cent

Best-performing sector: Energy, up 2.19 per cent

Materials: Up 1.28 per cent

Weak sector: Financials, down 0.37 per cent

Leading mover: Pantoro, up 9.30 per cent

Notable large-cap mover: Woodside, up 2.84 per cent

Notable loser: Sunrise Energy Metals, down 6.22 per cent

Life360: Down 5.46 per cent

Australian dollar: About US71.3 cents in the preceding market snapshot

Gold: Approximately US$4,375 an ounce in the afternoon snapshot

Brent crude: Approximately US$107.68 a barrel in the afternoon snapshot

MOST POPULAR

In the remote waters of Indonesia’s Anambas Islands, Bawah Reserve is redefining what it means to blend barefoot luxury with environmental stewardship.

A divide has opened in the tech job market between those with artificial-intelligence skills and everyone else.

Related Stories
Property
Housing downturn deepens as RBA rate reversal hits buyers
By Staff Writer 29/07/2026
Property
Central Element lodges plans for second Drummoyne harbour site
By Jeni O'Dowd 01/07/2026
NSW
Tivoli Avenue, Rose Bay home, shoots for $30 million
By Staff Writer 06/08/2026
0
Your Cart
Your cart is emptyReturn to Shop