All Allbirds articles – Page 3
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News briefsAllbirds co-CEO to take non-executive role
According to Securities and Exchange Commission filing (SEC) submitted by the footwear brand this week, Allbirds co-founder and co-CEO Tim Brown is set to transition out of the role of co-CEO. Brown will now hold the non-executive role of co-founder and chief innovation officer. Joey Zwillinger (current co-CEO) is to ...
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News briefsAllbirds reports wider loss but outlines cost-saving measures
Having already revealed plans to slow the pace of U.S. store openings and a movement to a distributor model in key international markets, Allbirds reported a Q1 net loss of $35,166,000 against a loss of $21,878,000 for the period ended March 31.
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ArticleShareholder class action filed against Allbirds
Due to a 96 percent drop in its stock price compared to its fourth-quarter 2021 highs, an Allbirds shareholder has filed a lawsuit in the Northern District of California against the environmentally conscious footwear maker, accusing the company of providing false and misleading information in its November 2021 IPO prospectus ...
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Infographics & DataSGI Sporting Goods Scorecard Q4 2022
Find out whose sales are up and whose profits are down in Q4 2022 in our exclusive analysis of the sporting goods industry’s largest players.
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AnalysisAnalysis: Taking stock of sporting goods inventory levels
Our exclusive analysis of the inventory levels of some of the industry’s biggest brands, including how some are responding to the challenges
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Infographics & DataSporting goods company inventory levels in Q4 2022
We’ve compiled inventory levels at the top sporting goods companies in Q4 2022. Found out how they compare with 2021 and across the industry
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News briefsAllbirds to launch net zero carbon shoe
Source: https://www.allbirds.com Allbirds has announced the launch of the M0.0NSHOT, which it claims is the “world’s first net zero carbon shoe.” The name refers to the company “shooting for the moon with a net zero carbon shoe,” Allbirds said. The midsole of the M0.0NSHOT consists of a ...
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News briefsAllbirds appoints new CFO
Sustainable footwear and clothing brand Allbirds announced the appointment of Annie Mitchell as chief financial officer, effective April 24, 2023. She will succeed Mike Bufano, who is leaving the company but remain with it until mid-May to ensure a smooth transition. Mitchell is an experienced finance executive in the retail ...
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ArticleAllbirds’ Q4 loss widens; company sets transformation plan
Allbirds completed its first full year as a public company by reporting a $25.5 million operating loss versus an operating loss of $6.4 million in the period ended Dec. 31. The net loss was $24,866,000 against a net loss of $10,444,000. Promotion and the discontinuation of first-generation apparel contributed to ...
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Infographics & DataAnalysis: Sporting Goods Scorecard - Q3 2022
Our Q3 Scorecard includes the revenue and profit development of 41 major sporting goods companies - benchmark yourself with the top players in the industry
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Infographics & DataGlobal leaders in branded casual footwear 2022
Found out who were the leading casual footwear brands in 2022 in our latest graphic.
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News briefsCanada Goose launches U.S. resale platform powered by Trove
Trove, a service provider that powers the secondhand stores of Patagonia, Lululemon, REI, Arc’teryx, On and Allbirds, is now also the partner for Canada Goose’s new authorized reselling platform: Canada Goose Generations. Consumers can trade in their used Canada Goose products online, for assessment and authentication. Canada Goose will compensate ...
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Case StudyWhy Allbirds has been unable to sustain its early stock market success
Allbirds, the sustainable footwear company, smashed predictions in its IPO twelve months ago. Now the brand is struggling to entice investors.
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News briefsAllbirds announces promotions within its executive leadership team
Allbirds has announced promotions within its executive leadership Team. Kate Ridley, chief brand officer, has been promoted to chief brand and product officer. Benny Joseph, chief technology officer, has been promoted to chief technology and culture officer. Co-CEO Tim Brown will expand his focus to include leadership of Allbirds’s innovation ...
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ArticleAllbirds Q3 losses widen, warns of “choppy” holiday trading
Sustainable footwear and clothing brand Allbirds has posted wider third-quarter losses and warned of “choppy” trading conditions in the run-up to Christmas. The company said net losses increased to $25.2 million from $13.8 million a year ago, and net loss margin increased to 35 percent from 22 percent. Operating losses ...
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News briefsAllbirds updates sustainability principles and objectives framework
Allbirds has provided an update to its main CSR plans on its website, giving an overview on achievements, changes and objectives settled in its sustainability report that was published in October 2022. Important notes are the new RSL list that will launch to Allbird’s suppliers in Q4, 2022, including guiding ...
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News briefsNFW Footwear Collective is growing
New Balance and Wolverine Worldwide have joined Natural Fiber Welding’s (NFW) Footwear Collective, a cooperative platform aiming to promote widespread adoption of low carbon, biobased materials from nutrients, which are safe to return to the earth at the end of a product’s life. Through the Footwear Collective, NFW and its ...
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ArticleCross-border commerce publishes first online retail ranking
Providing an overview of the European fashion retail market in 2021, Cross-Border Commerce Europe has published a ranking of fashion retail online.
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Infographics & DataSporting Goods Scorecard Q2 2022 - The top performers by sales and profit
This exclusive chart and data can be downloaded by our Premium Members.
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News briefsAllbirds announces appointment of Nike veteran to its board of directors
While the company is reportedly considering divesting its activewear inventory at a loss in the double-digit millions of dollars to simplify its strategy following recent layoffs and a stock decline, San Francisco-based global lifestyle brand Allbirds Inc. announced the appointment of Ann Freeman to the company’s board of directors, effective ...
