Headlines

Allbirds Seek IPO

The retailer was last valued at $1.7 billion

Published

3 years ago

April 28, 2021

VMSD Staff

Allbirds Seek IPO — Allbirds in SoHo, N.Y. Courtesy of Allbirds, San Francisco

Allbirds in SoHo, N.Y. Courtesy of Allbirds, San Francisco

In preparing for an IPO, Allbirds (San Francisco) is reportedly in the process of interviewing banks, according to CNBC and New York Times DealBook.

The brand’s sustainable wool slip-on sneaker grew in popularity during the pandemic, according to CNBC, and the brand recently launched a running shoe and has begun selling apparel like sweaters, jackets and socks.

It isn’t yet clear when Allbirds will go public, but the company was last valued at approximately $1.7 billion. It currently operates 23 stores internationally.

VMSD Staff

Drawing on more than 125 years of history serving the retail design market, VMSD magazine provides retail professionals with the most up-to-date, innovative retail design ideas and industry news through its industry-leading magazine, website, social media channels and bulletins.

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