Allbirds news and archive

Allbirds Q2 sales down almost 10 percent, but beats expectations

Allbirds has reported net revenue of 70.5 million dollars in the second quarter ended June 30, down 9.8 percent from a year earlier, but up 3.8 percent from two years ago. The San Francisco-based company, which went public in 2021, attributed the year-on-year drop primarily to a decrease in average selling price driven by promotional activity,...

Fashion |In Pictures

Allbirds launches sneakers with Olivia Rubin

B Corp footwear brand Allbirds has launched a capsule collection with London-based fashion designer Olivia Rubin, known for her use of colour. For the sneaker collaboration, Rubin has injected her signature pastel aesthetic into Allbirds’ Riser silhouette taking inspiration from the pastel hues of Notting Hill’s townhouses. The new Riser...

Fashion |In Pictures Featured

Allbirds unveils the world’s first net-zero carbon shoe

Sustainable footwear brand Allbirds have unveiled what it is calling the world’s first net zero carbon shoe alongside an entire toolkit to allow the rest of the footwear industry to copy its innovation. The high-top ‘M0.0NSHOT' boasts a carbon footprint of net 0.0 kg CO2e, which is about 14 kg CO2e based on the brand’s calculations that it adds...

Report

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...

ManagementFeatured

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...

ManagementFeatured

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...

Report

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...

ManagementFeatured

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,...