All Allbirds articles – Page 4
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Article
iFIT drops its planned IPO, Allbirds revises it
Allbirds has revised its proposals for an initial public offering, and iFIT Health & Fitness has postponed its plans to go public, citing “adverse market conditions.” Meanwhile, an acquisitive American maker of camp stove, Solo Brands, has filed an application for an IPO with the U.S. Securities & Exchange Commission ...
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Article
Loss-making Allbirds eyes the sports market as it files for a “sustainable” IPO
Allbirds, the B Corporation certified brand of sneakers and apparel based in San Francisco, has filed an application with the U.S. Securities and Exchange Commission for a so-called “sustainable” initial public offering on Nasdaq. The document indicates the size of the transaction at $100 million, which is an estimation solely ...
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Article
Allbirds launches CO²-labelled activewear, but faces greenwashing claims
Allbirds, the San Francisco-based brand of sustainable footwear, has just released its first athletic apparel range, consisting of five women’s styles and two for men, made from different woven and knitted fabrics that integrate recycled polyester and nylons, Merino wool, eucalyptus tree fiber and Tencel Lyocell. Consisting of tank tops, ...
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News briefs
Allbirds reportedly files for a confidential IPO
Allbirds, the B Corp-certified Californian brand of sustainable sneakers and apparel, has filed for a confidential initial public offering (IPO), according to WWD. Such a filing allows a company to keep details of its business performance and the terms of the transaction secret until 15 days before the IPO takes ...
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News briefs
Allbirds helps Adidas to develop its most climate-friendly running shoe
Working in remote mode in collaboration with Allbirds for 12 months, Adidas has developed its most sustainable performance running shoe. The first 100 pairs of the co-branded model, whose prototype is called Futurecraft Footprint, is being raffled off to members of Adidas’ Creators Club at the end of May. A ...
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News briefs
Allbirds proposes its open-source Carbon Footprint Calculator to fight greenwashing
On April 22, with the celebration of Earth Day, Allbirds will release an open-source version of its Carbon Footprint Calculator on Freethefootprint.com. “For too long, many brands have focused on marketing sustainability rather than actually implementing holistic, high-impact solutions — and to an extent, it’s worked,” said Joey Zwillinger, co-founder ...
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News briefs
Allbirds is reportedly worth $1.7 bn in a funding round
Allbirds, the Californian brand of sustainable footwear made with wood and wool fiber, has closed a new $100 million Series E funding round led by Franklin Templeton, alongside T. Rowe Price, Baillie Gifford, TDM Growth Partners, Rockefeller Capital Management and other investors. According to The Wall Street Journal, which cites ...
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News briefs
Allbirds introduces its first running shoe
Going in the same direction as Veja, the French brand of sustainable footwear that launched its first running shoes at the Ispo show in Munich earlier this year, Allbirds, the brand that focuses on environment-friendly footwear, has now released its first running shoe. The Tree Dasher is made from sugarcane, ...
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