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Allbirds Files to Dismiss PETA-Inspired Lawsuit, Teases IPO Details

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Allbirds could raise $269 million if its planned IPO prices at the top of its target range. The company is also hoping to convince a judge to toss a lawsuit inspired by PETA’s agitation. On Monday, the Ben Affleck-approved B Corp. said it’s eyeing a range of $12 to $14 when it formally prices shares…

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