Headlines

Allbirds Seeks $2 Billion Valuation

Sustainable shoe brand looks to go public by fall

Published

3 years ago

June 28, 2021

Allbirds Seeks $2 Billion Valuation — Courtesy of Allbirds

Sustainable shoe brand Allbirds (San Francisco) has reportedly selected banks including Morgan Stanley for its IPO, reports Bloomberg. The direct-to-consumer retailer has filed listing documents with the U.S. Securities and Exchange Commission and looks to go public by September.

Allbirds, which is also working with JP Morgan Chase and Bank of America, reportedly is looking for a valuation of $2 billion or more. Allbirds raised $100 million in funding in September from private equity.

Jennifer Acevedo

Jennifer Acevedo is the editor-in-chief and associate publisher of VMSD magazine.

click to Comment(Comment)

Up Next

U.K. Retail Sales Increase in June

Don't Miss

Chico’s Hires Former Macy’s Exec

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design