Fashion
Allbirds is an American company originating in New Zealand that sells footwear and apparel, co-founded in 2015 by Tim Brown and Joey Zwillinger.
Allbirds was founded through an initial fundraising of US$119,000 on Kickstarter and has based its corporate identity on sustainability. Allbirds went public on November 3, 2021, but experienced poor sales soon afterwards; executive turnover followed the company through the end of 2024.
In early 2026, Allbirds closed all of its full-price retail stores in the U.S., shifting completely to online sales. In March 2026, Allbirds sold its brand and footwear assets to the management and licensing firm American Exchange Group for $39 million, and in April 2026, announced a pivot to focus on "AI compute infrastructure" under the name "NewBird AI".
parent company