Retail News

Allbirds mulls going public

The New York Times 04/28/2021

Allbirds, the direct-to-consumer sneaker brand, is considering filing for an initial public offering as investor interest is high. The company, which features shoes made from merino wool, is a favorite among environmentally conscious consumers. Allbirds’ sneakers require 60 percent less energy to make than synthetic rivals. The company was last valued at around $1.7 billion.

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