News

Did Allbirds fly too close to the sun?

13/03/2024

US footwear brand Allbirds has reported deepening losses as its revenues fell 14.7% in 2023 to $254.1 million. The company also announced a change in leadership as chief operating officer Joe Vernachio takes the position of CEO, taking over from co-founder Joey Zwillinger, who will remain on the board as an adviser. The company had a stellar...

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