Editor
Allbirds’ sales fell 27 percent year over year to $52 million in the second quarter, but that was more than enough to keep the company within its previous guidance.
The embattled sneaker maker attributes its expected revenue slip to selling fewer units, although at higher prices, and 10 planned store closures during the quarter.
But new chief executive Joe Vernacchio — who replaced Joey Zwillinger in March and previously worked at Nike and…
