Latest Allbirds News & Updates

See the latest news and media coverage for Allbirds. We track all announcements, press releases, and industry mentions in real time, all in one place.

Allbirds

Footwear and apparel brand using natural materials

allbirds.com

Headquarters: San Francisco, United States
Founded year: 2016
Company type: Public company
Number of employees: 400–500

Last updated Today

Latest news about Allbirds

In short: Allbirds completed a transformative pivot from sustainable footwear to AI infrastructure, rebranding as Smartbird and appointing a new CEO.

Company announcements

June 15 Allbirds

Allbirds announces record date for asset sale dividend

The board set June 25, 2026 as record date for special dividend from asset sale proceeds.

April 15 Allbirds

Allbirds secures $50M financing and pivots to AI compute

The company plans to sell its footwear brand and become GPU-as-a-Service provider NewBird AI.

March 30 Allbirds

Allbirds signs definitive asset purchase agreement with American Exchange Group

Under the deal, AXNY will acquire all IP and certain assets for $39M, subject to stockholder approval and closing expected Q2 2026.

January 28 Allbirds

Allbirds closes remaining U.S. full-price stores

Resources will be reallocated to e-commerce, wholesale, and international distributorships; the capital-light closures aim to reduce SG&A and will be discussed on the Q4/2025 earnings call in March 2026.

Media coverage

June 25 Yahoo Finance

Allbirds officially changes name, appoints new CEO

Smartbird is now an artificial intelligence infrastructure provider and Nadia Carlsten will replace Joe Vernachio as its chief executive.

June 25 Business Insider

Wendy's stock surges, JPMorgan flags 3 short interest stocks

Wendy's stock surged this week as retail traders cheered on a short-squeeze. JPMorgan flags three more stocks with high short interest.

June 18 MSN

Snap's AI glasses flop as Allbirds' B2B shift boosts stock

The stock of an IT company that unveiled cutting-edge AI glasses priced at 3 million Korean won plummeted, while Allbirds, a once-popular Silicon Valley eco-friendly...

June 17 Yahoo Finance

American Exchange Group Proudly Announces Partnership with WSG Brands in the Acquisition of Allbirds

American Exchange Group ("AEG"), a global leader in fashion accessory design, manufacturing, and distribution, proudly announces the acquisition of the intellectual property assets of Allbirds...

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