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Shoe brand once worth $4B closes all stores, avoids bankruptcy - thestreet.com

Corroborated by 2 sources from 2 publishers

globalbusiness3d ago

TL;DR

Multiple sources report that once a digital-only brand opens stores, it changes its business model.

Sources

1

Yahoo Finance News

https://finance.yahoo.com/markets/stocks/articles/shoe-brand-once-worth-4b-163300156.html

3d ago

2

TheStreet

https://www.thestreet.com/retail/allbirds-once-worth-4b-closes-all-stores-avoids-bankruptcy

3d ago
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