Growth of 20% for Allbirds

09/08/2022

Footwear and apparel brand Allbirds has reported revenues of $140.9 million for the first six months of 2022, an increase of 20% year on year.

San Francisco-based Allbrands said it had achieved an increase in order numbers and order value. But it said this was partially offset by unfavourable exchange rates. 

Its revenues in the US market reached $108.2 million, an increase of 27%. International revenue was flat at $32.7 million. The brand said its business outside the US was hit by “external headwinds”, including covid-19 restrictions in China, and the war in Ukraine.