05-10-2020 12:24 via retailgazette.co.uk

Allbirds raises £76m to continue store expansion despite pandemic

// Allbirds fundraises £76 million to continue expansion
// The retailer now has a £1.2 billion valuationAllbirds has raised $100 million (£76 million) in an effort to continue expanding its physical store estate, despite the ongoing Covid-19 pandemic.
The wool shoe retailer closed the fundraising round this week, which gave it a $1.7 billion (£1.2 billion) valuation.
The new funding will partly support physical expansion in markets outside the US as well as increasing he
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