All Allbirds articles
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News briefsAllbirds signs distribution agreements for Europe and Latin America
The new agreements come after a year of transitions to a distributor model in some of the brand’s geographies.
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ArticleAllbirds lowers operating loss as turnaround moves forward
Allbirds group’s Q3 operating loss was $21.8 million against a year-ago loss of $30.1 million for the period ended Sep. 30.
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News briefsAllbirds appoints new member to its Board of Directors
Ravi Thanawala, Chief Financial Officer of Papa John’s International, will join the company in September.
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News briefsAllbirds reduces Q2 operating loss, moves forward with international plans
Allbirds improved its year-over-year Q2 operating loss by 32 percent.
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ArticleAllbirds partners with Belle Fashion Group to expand presence in China, Macau and Taiwan
Allbirds has announced a groundbreaking partnership to expand its footprint in the Asian market.
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News briefsAllbirds has a new Vice President of Design
Jason Israel is Allbirds’ new Vice President of Design.
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News briefsAllbirds has found its distributors for Scandinavia, Benelux and Japan
Allbirds has announced agreements with distributors in the markets of Scandinavia and Benelux. With the completion of these agreements, Allbirds has now penned deals with eight international distributors, following Canada and South Korea in 2023, and Japan, Australasia, Gulf Countries and Southeast Asia earlier this year. Authentic Brands will be ...
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ArticleAllbirds reduces Q1 loss, confirms FY guidance
With the group’s transformation strategy in progress, Allbirds dropped its Q1 operating loss by 16 percent to $29.8 million from $35.7 million despite a 28 percent decline in sales to $39.3 million from $54.4 million. Lower overall demand and impact from retail store closures and international distributor changes contributed to ...
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News briefsAllbirds faces Nasdaq pressure to boost stock price
Allbirds is facing pressure to increase its share price after receiving a warning from Nasdaq regarding its stock performance. The sustainable footwear brand disclosed that its Class A common stock had consistently closed below $1 per share for 30 consecutive days, violating Nasdaq’s regulations. Allbirds now has six months to ...
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ArticleMore losses at Allbirds
The nine-year-old San Francisco-based company Allbirds continues to face growing pains despite progress in shedding excess inventory last year. Now, its co-founder and CEO, Joey Zwillinger, has stepped down as the group moves forward with a strategy to turn around its overall business by 2025. The group suffered a $57.6 ...
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ArticleAllbirds has a new CEO
Source: Allbirds Joe Vernachio With the release of its fourth quarter and full year 2023 financial results, Allbirds announced the appointment of Chief Operating Officer Joe Vernachio as its new CEO and member of the Board of Directors, effective March 15, 2024. He succeeds Joey Zwillinger, co-founder ...
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News briefsAllbirds with new distribution partners in Australasia and Japan
US-based sustainable footwear and apparel company Allbirds Inc. entered agreements with distributor partners in Australasia and Japan. With the completion of these two agreements, Allbirds has transitioned four international regions from direct selling to a distributor model. The shift from a direct go-to-market model to a third-party distributor model is ...
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News briefsAllbirds announces key executive appointments
US-based sustainable footwear company Allbirds has filled two crucial executive leadership roles. Kelly Olmstead, formerly Senior Vice President of Brand & Marketing, has been elevated to the position of Chief Marketing Officer. With 25 years of experience in the sporting goods, footwear, and apparel industry, Olmstead brings a wealth of ...
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AnalysisAnalysis: The top sporting goods industry performers by sales and profits in Q3 2023
Aggregate net income is down in every sector except one, with two big names shaping overall revenue. Find out more with our latest scorecard.
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News briefsAllbirds’ turnaround plan remains bumpy
Citing a negative impact on revenues due to its transition to a direct selling model in both Canada and South Korea, Allbirds now expects its annual revenues to sink by 15 to 22 percent to a range of $66 to 72 million. The annual adjusted Ebitda loss is now pegged ...
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AnalysisAnalysis: The top sporting goods industry performers by sales and profits in Q2 2023
Facing difficult year-over-year comparisons in many cases, 2/3 of entrants reported lower sales from Q2 2022. Find out more with our scorecard.
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News briefsIn-Sport Fashions signs distribution agreement with Allbirds for the Canadian market
Québec-based In-Sport Fashions, a Canadian distributor of specialized lifestyle, sports and outdoor products, entered an exclusive partnership with the sustainable footwear brand Allbirds. Effective Sept. 15, 2023, In-Sport Fashions assumes distribution of Allbirds products across all Canadian distribution channels: retail, allbirds.ca and wholesale partner openings. Under this new distribution agreement, ...
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News briefsAllbirds’ Q2 operating loss rises slightly
Allbirds, which continues to move forward with its “strategic transformation plan” announced in March, intends to complete distribution agreements with partners in Canada and South Korea during H2. In Q2, the operating loss was $29.6 million against an operating loss of $29.3 million in the period ended June 30. ...
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ArticleAllbirds is giving away the secrets of its net-zero shoe
Allbirds has released the details of its net zero carbon shoe, M0.0NSHOT, and, in a bid to encourage competitors to create their own version, is giving away its entire methodology.
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Infographics & DataSales per employee 2022 at sporting goods companies
Our downloadable infographic has employee numbers and sales per employee at 25 of some of the world’s biggest sporting goods companies.
