World Footwear

Allbirds

Allbirds shows progress on losses

May 17, 2024 / United States
Amid a strategic turnaround plan, the Californian footwear brand narrowed its losses in the first quarter 2024, but still suffered a 27.6% year-over-year decline in sales due to lower demand

Allbirds appoints new CEO amid sales decline

Mar 14, 2024 / United States
The California-based sustainable footwear brand has appointed its current COO, Joe Vernachio, to replace Joey Zwillinger as CEO, amid a slump in sales

Allbirds completes two international distributor deals

Mar 12, 2024 / United States
The sustainable footwear brand has signed two distribution agreements covering Australasia and Japan. Moving from direct sales to a distributor model is part of its strategic transformation plan

New leadership appointments announced at Allbirds

Jan 25, 2024 / United States
The US-based sustainable footwear brand has promoted Kelly Olmstead, formerly SVP of Brand & Marketing, to Chief Marketing Officer, and appointed Adrian Nyman to the newly created role of Chief Design Officer

Allbirds posts decline in revenue

Nov 23, 2023 / United States
In the process of a strategic transformation plan, the sustainable footwear brand posted a 21.2% decline in revenue in the third quarter of 2023, as compared to the same period of 2022

Allbirds co-founder Tim Brown takes on a new role in the company

May 17, 2023 / United States
The co-founder and co-CEO of the Californian-based footwear brand has stepped down from his CEO role into Chief Innovation Officer. This move comes amid a round of lay-offs as losses mount

Allbirds to release the world's first zero carbon shoe

Mar 29, 2023 / United States
The Californian sustainable footwear brand claims to have created the “world’s first net carbon shoe”, named M0.0NSHOT, by completely reimagining the way it makes products

Allbirds reduces carbon footprint by 12%

Nov 2, 2022 / United States
The Californian brand of sustainable footwear revealed that it cut by 12% the average product carbon footprint between 2020 and 2021. Allbirds intends to reduce it to near zero by 2030

Allbirds expands distribution to Nordstrom

Jun 10, 2022 / United States
Nordstrom customers can now shop men's and women's Allbirds styles at 14 select stores.Later this year, Allbirds will expand their selection, which will be available to shop on Nordstrom.com, at Center Stage in New York City and in more Nordstrom stores

Allbirds launches new resale platform

Feb 22, 2022 / United States
The ReRun resale platform, launched in partnership with Trove, a provider of recommerce services, is part of the Californian-based company’s holistic commitment to sustainability

Allbirds valued at 2.15 billion US dollars

Nov 9, 2021 / United States
The Californian-based company of sustainable footwear raised more than 300 million US dollars in its initial IPO, with shares growing by 91% on the first day of trading

Allbirds set to launch Initial Public Offering

Nov 2, 2021 / United States
The sustainable footwear company is targeting a valuation of up to 2.2 billion dollars by offering 19.2 million shares of its Class A shares, priced from 12 to 14 US dollars

Allbirds releases open-source carbon footprint calculator

May 13, 2021 / United States
The New Zealand-American company has released an open-source tool for fashion brands to calculate their carbon footprint

Allbirds exploring IPO

Apr 30, 2021 / United States
The San Francisco-based casual footwear and sneaker maker, is in the process of interviewing banks in preparation for an initial public offering (IPO)

Allbirds to expand footprint

Oct 16, 2019 / United States
Online shoe brand Allbirds plans to more than double its store network in 2020. The brand says it cannot ignore most sales take place in the brick and mortar arena
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