Allbirds

Retail Asia18/11/2021

Fast-growing non-alcoholic spirits brand Lyre’s, has raised $37 million in a round that values the business at A$500 million less than three years after it launched. The funding round was led by a new investor, D Squared Capital, alongside existing investor, Morgan Creek Capital Management, which has also backed Alibaba, SpaceX, Lyft, and Allbirds). Other previous investors […]

Retail Asia01/10/2020

Woolworths has stared down a client watchdog appeal over disposable cutlery it branded as “compostable” and “biodegradable”. The grocery store large stocked disposable cutlery, plates, and bowls beneath its inexperienced “Select Eco” model between 2014 and 2017. The Australian Competition and Consumer Commission took the shop to the courtroom, arguing the typical Aussie shopper would […]

Retail Asia21/08/2020

New Zealand’s footwear label Allbirds is expanding its retail network into South Korea. From the early stages of Allbirds’ international expansion plan, South Korea was always high on the destination list as the company makes its Wool Runner product in Busan. “As we continue to expand our international footprint, we’re excited to finally enter the […]

Retail Asia02/09/2019

Despite being started by New Zealand entrepreneur and former footballer Tim Brown, wool-based footwear brand Allbirds has only been available online its home country – until now. The launch comes after the business successfully raised $76.7 million at the end of 2018, aiming to help fuel the business’ expansion into Asia and the UK. The […]

Tag: Allbirds

Lyre’s latest fundraising round values company at $500 million

Allbirds completes US$100 million funding round, eyes new product categories

Allbirds enters South Korea

Allbirds launches first outlet in New-Zealand