Allbirds news and archive

Allbirds Q1 sales decrease by 13.4 percent

First quarter net revenue at Allbirds decreased 13.4 percent to 54.4 million dollars compared to the first quarter of 2022. The company’s sales increased 9.5 percent compared to the first quarter of 2021. “Our teams are executing well against our strategic transformation plan designed to reignite growth, improve capital efficiency and drive...

BusinessFeatured

Allbirds co-CEO steps down to chief innovation officer

Timothy Brown, the co-chief executive officer and co-founder of Allbirds, has stepped down into a non-executive role to the position of chief innovation officer. The move comes as part of a leadership shift at the company, which had also announced in March the appointment of a new chief financial officer, Annie Mitchell, who succeeded Mike...

Fashion Featured

Allbirds launches 'world’s first net zero carbon shoe'

Apparel and footwear retailer Allbirds, which is known for its sustainable efforts, has designed what it claims is the “world’s first net zero carbon shoe”, called M0.0NSHOT. The shoe’s upper is made of regenerative merino wool, grown in New Zealand at the Lake Hawea Station (LHS), while its midsole consists of a newly-developed sugarcane-based...

BusinessFeatured

Allbirds Q4 losses widen, taps new finance chief

Footwear and apparel brand Allbirds has reported a widening loss in the fourth quarter of the year as revenue dropped 13.4 percent. The San Francisco-based company, known for its use of regenerative and natural materials including FSC-certified eucalyptus tree fibre and a proprietary innovation made with sugarcane, made a net loss of 24.9...

Business

Allbirds announces promotions in exec team

Lifestyle brand Allbirds has announced a number of promotions within its executive leadership team as it looks towards its next phase of growth. Kate Ridley, the label’s current chief brand officer, has been promoted to chief brand and product officer. Ridley joined the company from Adidas in January 2022, where she most recently served as...

Fashion

Everything you need to know about: Allbirds

Allbirds is known for its innovative and sustainable footwear. The brand has conquered the market in just a few years, persuading customers with minimalist shoes that focus on ecological factors. Origin Allbirds was launched in 2016 by former soccer player Tim Brown and industrial engineer Joey Zwillinger. Evolution The brand, which was...

BusinessFeatured

Allbirds Q3 sales up, retains full year guidance

Net revenue at Allbirds increased 15.9 percent to 72.7 million dollars and increased 53.8 percent compared to the third quarter of 2020. Adjusted net revenue increased 15.1 percent to 72.2 million dollars. The company said in a release that the increase in revenue is primarily attributable to an increase in the number of orders, driven by retail...

Fashion Featured

Allbirds launches first plant-based leather sneaker

Sustainable footwear brand Allbirds has unveiled its latest innovation, the ‘Plant Pacer’ sneaker featuring 100 percent plastic-free plant leather made from all-natural materials such as rubber and plant oils. The ‘Plant Pacer’ marks a further step into the lifestyle footwear category for Allbirds, while also championing what it calls a “truly...

Fashion |In Pictures

Allbirds launches collaboration with Rosie Assoulin

Sustainable footwear brand Allbirds is launching a playful slider for summer in collaboration with fashion designer Rosie Assoulin. The Allbirds x Rosie Assoulin Sugar Slider was born through a “shared appreciation for natural materials,” explains the footwear company and their “synergistic passion for sustainability”. Launching on June 15,...

Retail

Allbirds announces opening of community-inspired stores

Sustainable footwear label Allbirds has announced it has opened two new stores in the US, both centred around the local communities they are situated in. In Chicago, the brand has launched a new retail store and community centre in the city’s Fulton Market, similar to its other new location in Nashville’s Green Hills. The openings mark the B...

Fashion |In Pictures

Allbirds launches new sustainable running shoe

Allbirds is continuing to push the boundaries of sustainable footwear with its new Tree Flyer running shoe that has a carbon footprint of just 9.92-kilogram CO2e, all of which is offset to zero. The Tree Flyer is a cushioned running shoe, which has been designed to showcase Allbirds’ innovative technology, use of renewable natural materials, and...

Business

Allbirds losses widen despite record quarterly sales

Footwear and apparel brand Allbirds has reported widening losses despite record revenue in the fourth quarter boosted by strong Christmas sales. The San Francisco-based company reported net revenue of 97.2 million dollars in the fourth quarter ending December 21, an increase of 23 percent compared to a year earlier and an increase of 43 percent...