Latest Breaking News On - ஜனநாயக செனட்டர்கள் எலிசபெத் வாரன் - Page 1 : comparemela.com

Exclusive: Allbirds is interviewing banks for an I.P.O. Silicon Valley’s favorite shoe brand is headed to Wall Street. Allbirds is interviewing banks over the next few weeks to help it make a market debut, DealBook hears. The direct-to-consumer company was last valued at around $1.7 billion. “It’s the materials.” Allbirds was founded by the New Zealand soccer star Tim Brown and Joey Zwillinger, a renewables expert. Its mantra is to “create better things in a better way,” and the company advertises that the merino wool in its shoes uses 60 percent less energy than typical synthetic materials. “One of the worst offenders of the environment from a consumer product standpoint is shoes,” Zwillinger told The Times in 2017. “It’s not the making; it’s the materials.” The brand’s flashy-but-logo-free shoes are popular among techies, celebrities (Leonardo DiCaprio is an investor) and Barack Obama. The company has raised more than $200 million since 2016.

New yorkUnited statesNew zealandSaudi arabiaMuseum of modern artComunidad autonoma de catalunaJoey zwillingerCory bookerElizabeth warrenEdward markeyReed hundtTim brownLeon blackHenry kravisGabby jonesJim inhofe