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92 Fashion Brand Firm to Buy Allbirds for $39 Million

The Information
Martin Peers @ The Information · today 10:16 EDT

Fashion Brand Firm to Buy Allbirds for $39 Million

Ailing shoemaker Allbirds agreed to sell itself for just $39 million, an ignominous end to the once-trendy venture-backed shoe firm that went public in 2021 with a valuation as high as $4 billion. Allbirds has been suffering declining sales for several years. On Tuesday it reported its full-year ...

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