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Stock impact report

Unless And NFW Debut The World’s First Regenerative Sneaker [Forbes]

Allbirds, Inc. (BIRD) 
Company Research Source: Forbes
The Unless Degenerate is the world's first regenerative sneaker, made entirely from plant and... [+]mineral-based materials.More than 24 billion pairs of shoes are made every year, and 300 million pairs are thrown away. This presents a realproblem for the planetAs more brands – from giants like Nike, Adidas and Reebok, to more smaller but rapidly growing companies including Allbirds and Sanuk – jump on thesustainable footwear bandwagonOn December 1, 2022,Unless CollectiveNFW (Natural Fiber Welding)Every part of this sneaker – from outsole to laces – is made entirely from plants and minerals. With zero plastic, the Unless Degenerate is designed to harmlessly decompose at the end of its life. Consumers also can return the shoes to the company when they are done wearing them. Unless takes full responsibility for ensuring that all their products can be repaired, recycled or decomposed.Here, we speak with two of the founders who helped bring the Unless Degenerate to life: Tara Moss, cofoun Show less Read more
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