Clothing & Shoes

Allbirds revenues drop 10% in Q2

The group attributed these results to a fall in the average selling price, driven by promotional activity over the period

Footwear group Allbirds has revealed that revenues fell by 9.8% to $70.5m (£55.3m) in the second quarter of the year, as it reported a net loss of $28.9m (£22.7m).

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