Once-popular shoe brand worth $4b at its height dodges bankruptcy – but loses nearly every store

A TOP shoe brand has dodged bankruptcy after being worth around $4 billion at its height, but it has barely any remaining stores. The company’s financial woes come after several filings from well-known footwear chains and manufacturers in recent years. Even though it avoided a traditional Chapter 11 bankruptcy, Allbirds agreed on March 31 to…

https://www.the-sun.com/money/16167988/allbirds-dodges-bankruptcy-closes-stores/