Allbirds Announces Completion of International Distributor Deals
March 20 2024 - 4:05PM
Allbirds Inc (NASDAQ: BIRD), a global lifestyle brand that
innovates with naturally derived materials to make better footwear
and apparel products in a better way, has signed definitive
agreements with distributors in the Gulf Countries and Southeast
Asia.
With these agreements, Allbirds has now completed deals with six
international distributors. The shift from a direct go-to-market
model to a third-party distributor model is one of the key pillars
under Allbirds’s previously announced Strategic Transformation
Plan.
Earlier this month, the brand announced partnerships in
Australasia and Japan, following similar deals in Canada and South
Korea last year.
Alyasra Fashion will be the exclusive Allbirds distributor in
the Gulf Countries countries. Alyasra is a leading fashion and
footwear retailer boasting more than 25 years of experience in the
region, with brands including Jimmy Choo, Cole Haan, and DKNY.
Primer Group will distribute Allbirds’s products across
Malaysia, Singapore, Indonesia, and the Philippines. Other brands
distributed by Primer Group include Columbia, Birkenstock, and The
North Face.
“We are pleased to be expanding our international presence with
industry-leading distributors,” said Annie Mitchell, Chief
Financial Officer of Allbirds. “The addition of these new regions
via our distributor model will enable us to leverage the local
knowledge and expertise of these distributors to build brand
awareness and sales. These agreements highlight the continued
progress we’re making against our strategic shift from a
direct-go-to-market model to a third-party distributor model in key
international geographies.”
“We are delighted to announce our exciting partnership with
Allbirds. This collaboration marks a significant milestone for our
organization as we join forces with a renowned and innovative
lifestyle brand in the sustainable fashion industry,” said Mohammed
Nada, Managing Director at Alyasra Fashion. “We are not only
consciously embracing the latest trends in sustainable fashion but
also contributing to the Gulf Countries’ collective efforts in
building a greener and more environmentally conscious future.”
“We are excited with our strategic partnership with Allbirds, a
brand that epitomizes innovation, sustainability, and quality
craftsmanship,” said Mark Chim, Managing Director of Primer Group.
“Our deep-rooted understanding of the South East Asian market
positions us uniquely to champion the expansion of Allbirds’s
presence in the region.”
About Allbirds, Inc: Based in San Francisco,
with its roots in New Zealand, Allbirds launched in 2016 with a
single shoe: the now iconic Wool Runner. In the years since,
Allbirds has sold millions of pairs of shoes, and has maintained
its commitment to incredible comfort, versatile style and unmatched
quality. This is made possible with materials like Allbirds’
sugarcane-based midsole technology, SweetFoam™, and textiles made
with eucalyptus fibers and Merino wool – so consumers don't have to
compromise between the best products and their impact on the earth.
www.allbirds.com
About Alyasra Fashion: Alyasra Fashion is a
regional fashion retail leader, with a world-class portfolio of
over 60 high-end fashion, footwear and accessories brands. Alyasra
Fashion operates more than 270 stores, with operations in eight
markets across the Middle East. www.alyasra.com
About Primer Group: The Primer Group is rapidly
expanding to become the leader in global distribution and
innovation of premium goods and services. Its retail authority
alone numbers more than 150 premium brands, with over 400
free-standing stores worldwide. www.primergrp.com
Contact: press@allbirds.com
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