Allbirds adds apparel to its billion-dollar line-up
The upstart sneaker company is moving into clothing, while also making a play to go completely carbon free.
If all you know of Allbirds is that it is a Millennial-cool sneaker company that periodically serves you timely advertising for its eco-friendly products, that’s fine: through that direct-to-consumer communication, Allbirds has become a unicorn, valued at more than $US1 billion ($1.45 bllion) with combined funding of $US150 million.
Now the brand, co-founded by New Zealander Tim Brown, is ready to make the leap into apparel, betting on the idea that if people like its all-wool sneakers so much, they might just like its eco-friendly underwear, too.
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