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Allbirds news and archive

Allbirds Q4 loss widens, names Joe Vernachio as CEO

Allbirds fourth quarter net revenue decreased 14.5 percent to 72 million dollars, while net loss widened to 56.8 million dollars or 37 cents per basic and diluted share. Full year net revenue decreased 14.7 percent to 254.1 million dollars versus a year ago and net reached 152.5 million dollars or 1.01 dollars per basic and diluted share. The...

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Business

Allbirds secures distribution deals in Japan and Australasia

Lifestyle brand Allbirds Inc. has announced two new distribution deals in Japan and Australasia, transitioning the company from direct selling to a distributor model across four international regions. From June 1, Goldwin will become the exclusive Allbirds distributor in Japan, and from July 1, Compendium Group will be the brand’s first...

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