Allbirds Prioritizes ‘Powerful’ Physical Retail Expansion, Co-CEO Says – Sourcing Journal

Allbirds saw its losses grow in the third quarter even as revenue climbed 33 percent year over year, according to its first-ever earnings report as a public company. In a Nutshell: Increases in selling, general and administrative expenses—52.6 percent of revenue this past quarter versus 42.5 percent a year ago—were primarily driven by costs associated…

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