Fast-growing non-alcoholic spirits brand Lyre’s, has raised $37 million in a round that values the business at A$500 million less than three years after it launched. The funding round was led by a new investor, D Squared Capital, alongside existing investor,…
Woolworths has stared down a client watchdog appeal over disposable cutlery it branded as “compostable” and “biodegradable”. The grocery store large stocked disposable cutlery, plates, and bowls beneath its inexperienced “Select Eco” model between 2014 and…
New Zealand’s footwear label Allbirds is expanding its retail network into South Korea. From the early stages of Allbirds’ international expansion plan, South Korea was always high on the destination list as the company makes its Wool Runner product in Busan.…
Despite being started by New Zealand entrepreneur and former footballer Tim Brown, wool-based footwear brand Allbirds has only been available online its home country – until now. The launch comes after the business successfully raised $76.7 million at the end…