All Allbirds articles – Page 3
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News briefs
Allbirds opens its first store in New Jersey
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has opened a 3,140-square-foot retail store and community center at the Garden State Plaza in Paramus. It is the brand’s first store in New Jersey and 35th globally, with locations across North America, Asia and Europe. Displays around the ...
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ArticleAllbirds valued up to $2.2bn in IPO
Allbirds, the loss-making, B Corporation certified Californian brand of footwear and apparel, has set a price range of $12.00 to $14.00 dollars per share for its initial public offering (IPO), valuing the company up to $2.2 billion. The company applied to list its Class A common stock on The Nasdaq ...
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News briefs
Allbirds opens 2 stores in the U.S.
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has opened two new stores in the U.S. It opened a 2,892-square-foot retail store and community center in Cambridge on Oct. 15. It is the brand’s second store in the Boston area. On Oct. 12, the brand opened a ...
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News briefs
Allbirds revises IPO terms
Allbirds has revised its proposals for an initial public offering (IPO). When the California-based B Corp producer of sustainable sneakers, filed its IPO application with the U.S. Securities and Exchange Commission it announced that it was planning to go for the first “Sustainable Public Offering,” or SPO, pledging to ...
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ArticleAllbirds files for IPO but remains loss-making
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has filed an application with the U.S. Securities and Exchange Commission for an initial public offering. The document indicates the size of the transaction at $100 million, which is an estimation solely made to define the registration fee of ...
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News briefs
Allbirds opens a store in Atlanta
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has opened a 3,000 square foot retail store and community center at Atlanta’s Ponce City Market. It is the brand’s first store in the Atlanta area and 30th globally, with locations across North America, Asia, and Europe. In 2019, ...
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ArticleAllbirds makes 10 sustainability commitments for 2025
Allbirds , the B Corporation certified Californian brand of footwear and apparel, has announced 10 sustainability commitments to be achieved by 2025. The objectives come under three categories: regenerative agriculture, renewable materials and responsible energy use. The two regenerative agriculture pledges are that all wool will come from regenerative ...
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News briefs
Allbirds reportedly files for IPO
Allbirds , the B Corporation certified Californian brand of footwear and apparel, has filed for a confidential initial public offering (IPO), according to WWD . A confidential IPO filing allows a company to keep details of its business performance and of the terms of the transaction secret until 15 ...
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News briefs
Allbirds helps Adidas to develop its most climate-friendly running shoe
Working in remote mode in collaboration with Allbirds for 12 months, Adidas has developed its most sustainable performance running shoe. The first 100 pairs of the co-branded model is being raffled off to members of Adidas’ Creators Club at the end of May. The product design and development teams of ...
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News briefs
Allbirds reportedly preparing for IPO
Allbirds , the B Corporation certified Californian brand of footwear and apparel, is interviewing banks in preparation for an initial public offering (IPO), according to the DealBook newsletter of The New York Times . The company was last valued at around $1.7 billion in a $100 million ...
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News briefs
Allbirds to release an open-source version of its Carbon Footprint Calculator
On April 22, with the celebration of Earth Day, Allbirds will release an open-source version of its Carbon Footprint Calculator on Freethefootprint.com . “For too long, many brands have focused on marketing sustainability rather than actually implementing holistic, high-impact solutions — and to an extent, it’s worked,” ...
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News briefs
Allbirds shifting to regenerative wool
Allbirds has pledged to be sourcing nothing but “regenerative” wool by 2025. The U.S. direct-to-consumer brand plans by that same year to have made its supply carbon-neutral as well. Rather than change suppliers, Allbirds will be encouraging a technique called regenerative agriculture, which – as defined by the non-profit ...
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ArticleFootwear companies take sustainability in their stride
Hardly a day goes by without a footwear company or a component supplier announcing a more sustainable product, a recycling program or an environmentally-friendly scheme. Such a flurry of initiatives is motivated by growing consumer and regulatory pressure as well as greater corporate consciousness. Nevertheless, the shift to more sustainable ...
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ArticleNew Zealand Merino launches 100% regenerative wool platform with Allbirds, Icebreaker, Smartwool
The New Zealand Merino Company ( NZM ) and global Merino wool apparel and footwear brands Icebreaker, Smartwool and Allbirds will work collectively with 167 sheep growers in New Zealand to create ZQRX , the world’s first regenerative wool platform. “ZQRX is an important and necessary evolution ...
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News briefs
Allbirds launches apparel line
Allbirds , the B Corporation certified Californian brand of sustainable footwear, has launched its first apparel line. It is available in the company’s 21 stores in the U.S., Europe, China and New Zealand and online. The collection comprises T-shirts made out of a fiber derived from discarded crab shells, ...
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ArticleAllbirds raises $100 million in funding round
Allbirds , the Californian brand of sustainable footwear, has closed a $100 million Series E funding round led by Franklin Templeton , alongside T. Rowe Price , Baillie Gifford , TDM Growth Partners , Rockefeller Capital Management and other investors. According to The Wall Street Journal, which ...
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News briefsAllbirds enters South Korea
Allbirds , the Californian brand of sustainable footwear, has entered the South Korea market. The brand was created in 2016 by Joey Zwillinger and Tim Brown with one model, the Wool Runner, which uses superfine merino wool from New Zealand. Allbirds said that it had planned ...
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News briefs
Adidas teams up with Allbirds
Adidas announced a collaboration with Allbirds, the well-known American brand of sustainable footwear, to develop the sport performance shoe with the lowest-ever carbon footprint. The project will involve exploring recyclable material resources as well as the use of renewable energies in manufacturing and transportation. Adidas said the project is part ...
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News briefs
Allbirds introduces its first running shoe
Going in the same direction as Veja , the French brand of sustainable footwear that launched its firt running shoes at the Ispo show in Munich earlier this year, Allbirds , the brand that focuses on environment-friendly footwear, has released its first running shoe. The Tree Dasher is ...
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