Aerosoles Owner American Exchange Group to Buy Allbirds for $39M

American Exchange Group, whose brand portfolio includes Aerosoles, has agreed to buy direct-to-consumer footwear brand Allbirds for about $39 million,

American Exchange Group, whose brand portfolio includes Aerosoles, has agreed to buy direct-to-consumer footwear brand Allbirds for about $39 million, reports Yahoo Finance. The transaction is expected to close in the second quarter of 2026. Allbirds once reached a peak valuation of $4.2 billion, filed an IPO in 2021, and had planned to open hundreds […]