Allbirds makes progress in Q3 but profits remain elusive

Quick Summary:

The DTC footwear brand’s store closures have hurt sales and saved cash.

Now it’s introducing new styles and stepping up its marketing.

In the third quarter, Allbirds completed a shift to a distributor model in China and entered into a new distributor agreement for six countries in Europe, per its release.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Daphne Howland

Category: EconomyBusiness

Markets: United StatesChina

Topics: Brand Model Footwear Cash Allbirds Distribution Closures Marketing Stores Sales Store

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 11:45:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 617 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 23464893

View Article Analysis

About Retail Dive

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

Frequently Asked Questions