# Allbirds

> Allbirds is a San Francisco footwear and apparel company that built a global brand on wool sneakers and a sustainability-first ethos. Co-founded in 2015 by former pro footballer Tim Brown and biotech engineer Joey Zwillinger, it turned superfine merino wool, eucalyptus tree fiber and sugarcane into low-carbon shoes, became the first fashion brand to print a carbon footprint on its products, and reached a $4 billion valuation at its 2021 IPO. After years of declining sales, store closures and a stock collapse, Allbirds agreed in March 2026 to sell its brand and assets to American Exchange Group for roughly $39 million.

- **Founded:** 2015
- **Headquarters:** San Francisco, United States
- **Founders:** Tim Brown (Co-Founder, Chief Innovation Officer (former Co-CEO)), Joey Zwillinger (Co-Founder, former CEO)
- **Team size:** ~550 employees
- **Products:** Wool Runner, Tree collection, SweetFoam soles, Trino and TrinoXO apparel, Apparel and accessories
- **Notable:** First fashion brand to label products with their carbon footprint (2020), Certified B Corporation since 2016; recertified in 2023 with a score of 96.5, Reached a ~$4 billion valuation at its 2021 NASDAQ IPO

## Products & services

- **Wool Runner** — The flagship sneaker made from superfine ZQ merino wool; the bestseller that launched the brand in 2016.
- **Tree collection** — Shoes built from breathable eucalyptus tree fiber (Tencel Lyocell), designed for warmer-weather wear.
- **SweetFoam soles** — A sugarcane-based EVA midsole material Allbirds developed and open-sourced for the wider industry.
- **Trino and TrinoXO apparel** — Activewear and basics blending merino wool with lyocell; TrinoXO adds chitosan from crab shells.
- **Apparel and accessories** — Socks, underwear, loungewear and flats expanding the brand beyond footwear.

## Achievements

- First fashion brand to label products with their carbon footprint (2020)
- Certified B Corporation since 2016; recertified in 2023 with a score of 96.5
- Reached a ~$4 billion valuation at its 2021 NASDAQ IPO
- Open-sourced its SweetFoam sugarcane sole material for industry use
- Cut per-product carbon footprint to 5.54 kg CO2e, targeting near-zero by 2030

## Latest updates

- **2026-03** — Signed a definitive agreement to sell its brand, IP and assets to American Exchange Group for an estimated $39 million; deal expected to close in Q2 2026.
- **2026-01** — Announced a restructuring plan closing all remaining U.S. full-price retail stores by end of February 2026, pivoting to e-commerce, wholesale and international distributors.
- **2024-09** — Completed a 1-for-20 reverse stock split to maintain its NASDAQ listing.
- **2024-03** — Joe Vernachio appointed CEO.

## Links

- Website: https://allbirds.com
- LinkedIn: http://www.linkedin.com/company/allbirds
- Twitter/X: https://twitter.com/Allbirds
- YouTube: https://www.youtube.com/c/allbirds
- Instagram: https://www.instagram.com/allbirds/
- Facebook: https://www.facebook.com/weareallbirds/
- TikTok: https://www.tiktok.com/@allbirds

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Profile page: https://yespress.io/allbirds
Published by YesPress — https://yespress.io
Last updated: 2026-06-02