Allbirds is no longer a shoe company. In April 2026, the San Francisco-based brand announced it is selling its footwear assets to American Exchange Group, the licensing firm behind Ed Hardy and Mudd, for $39 million. The publicly listed entity, meanwhile, is reinventing itself as an AI compute infrastructure business under the name NewBird AI. […]
“We are pleased to see solid progress as we embark on our strategic transformation plan for the year. The disciplined operational and financial strategies we have implemented, along with the effective execution by our teams, have enabled us to meet or surpass expectations on our key performance indicators,” stated Joe Vernachio, Chief Executive Officer. “Our […]
ACDC Group, India’s leading B2B footwear and accessories publisher, drives industry growth through flagship publications, events, policy dialogues and global linkages.
@2025 All Rights Reserved.
