Allbirds news and archive

Allbirds secures final dismissal in long-running securities fraud battle

On February 26, Allbirds Inc. secured a definitive victory. A federal court in California dismissed a shareholder lawsuit accusing the company and its executives of financial fraud in connection with its November 2021 IPO and subsequent public statements. The court denied the plaintiffs another chance to amend their complaint. The ruling, as...

Retail

Allbirds to shutter remaining full-price US stores by February 2026

Sustainable footwear brand Allbirds has announced it will close all remaining full-price retail locations in the US by the end of February 2026. The decision marks a significant shift in the company’s physical retail strategy as it prioritises a leaner, more capital-efficient operating model. The San Francisco-based company stated that the...

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Business

Allbirds reports drop in Q3 sales and earnings amid turnaround efforts

Allbirds, Inc. reported third-quarter 2025 financial results that were in line with management's expectations, despite ongoing structural headwinds related to its turnaround efforts. Net revenue decreased 23.3 percent year-over-year to 33 million dollars, primarily due to planned retail store closures and the transition of international markets...

Fashion |In Pictures

Allbirds launches the world’s first polycotton recycled sneaker

US footwear brand Allbirds has unveiled a new collection that “remixes trash into treasure” with the first-ever footwear made from textile-to-textile recycled materials from polycotton waste. The sneakers have been developed in partnership with Blumaka, a leader in converting recycled foam into world-class footwear products, and Circ, an...

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Business

Allbirds Q2 net revenue down 23.1 percent, manages to reduce net loss

Allbirds, Inc. has reported its financial results for the second quarter of 2025, with CEO Joe Vernachio stating that the company is on a path to "reigniting the Allbirds brand." The company's net revenue for the quarter was 39.7 million dollars, a 23.1 percent decrease year-over-year, which was at the high end of its guidance range. This...

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Business

Allbirds signs new distribution deals across Eurasia

US footwear brand Allbirds has announced three new distribution deals for multiple countries throughout Eurasia, covering the Balkans, Israel, Turkey and Central Asia, to advance its strategy to build long-term scalable growth in overseas markets. The distribution partnership includes Tradist Distribution in Turkiye and Central Asia, effective...

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Business

Allbirds finds distribution partner for two further regions

US footwear and apparel provider Allbirds Inc. has further advanced the strategic transformation of its international sales. On Thursday, the company introduced new partners for key markets in southern Europe, as well as in South and Central America. Accordingly, the Spanish trading company Trendy King will in future take over the distribution...

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Business

Allbirds narrows quarterly losses following shift to distributor model

Footwear brand Allbirds outlined its results for the first quarter of 2025, one reflective of its transition from a direct selling model to a distributor model across certain international markets. During the quarter ended March 31, 2025, the company posted a net revenue decrease of 18.3 percent to 32.1 million dollars, compared to the same...

Fashion

Allbirds launches collaboration with Shrimps

B Corp footwear brand Allbirds has launched a winter capsule collection with British fashion brand Shrimps. The three-piece monochromatic capsule aims to celebrate “urban exploration and a curious mindset, blending functionality with a fun aesthetic,” and sees Shimps reimagining Allbirds fan-favourite hiking shoe, the Trail Runner Fluff, by...

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Allbirds secures distribution agreements in Europe and Latin America

Footwear brand Allbirds has announced the signing of two new partners to oversee the distribution of its products in Europe and Latin America. From July 1, 2025, Chris sports will be the exclusive distributor of Allbirds across Austria, France, Germany, Italy, Liechtenstein and Switzerland, while Uruguay-based Wystam will launch the brand in...

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Business

Allbirds posts Q3 loss, revises full-year outlook

American footwear company Allbirds has reported a loss in the third quarter of 2024, while sales fell 24.9 percent to 43.0 million dollars, compared to 57.2 million dollars in the same quarter last year. CEO Joe Vernachio emphasised the company's progress in achieving its strategic goals, despite financial challenges. The company is reducing its...

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Business

Allbirds enters next phase of transformation as losses narrow despite revenue dip

For the second quarter ended June 30, 2024, sports footwear brand Allbirds continued to tackle declining revenues amid an ongoing transformation plan that is now embarking on its next phase. While some positivity could be seen in narrowing losses for the period, which dropped to 19.1 million dollars from 28.9 million dollars in the same period...