Can Allbirds make a comeback with a new CEO and transformation plan?
Inside Retail
MARCH 14, 2024
Its valuation surged to over US$4 billion on its first day of trading in November 2021. In a call with analysts on March 12, Zwillinger stated that the company plans to close between 10 and 15 underperforming US stores in 2024, about a third of its total number. million in 2021. million in 2022, or 56 per cent of total revenue.
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