Aug. 3 - As layoffs hit Allbirds and Glossier, a look at retail’s fallen unicorns

 
 

Daily Dive

Aug.​ 3,​ 2022 | Today’s news and insights for retail leaders
 
 
 
 
 
 
 
 

Note from the editor

 
At the very hour that Retail Dive was putting the finishing touches on a story looking at the declines of brands that once enjoyed billion-dollar valuations – so-called “unicorns” – two of them, Allbirds and Glossier, reported layoffs.

This could be a clear sign of a “disruption of the disruptors,” or perhaps proof of how much longstanding industry fundamentals, including physical stores and wholesale partnerships, still matter. Macroeconomics like inflation, supply chain issues and interest rates, and maybe the thinning patience of venture capitalists, likely also have a part.

Today there was a convergence of stories in one of retail’s most interesting segments. We’ll continue to explore this in-depth as developments unfold.

Daphne Howland
Senior Reporter, Retail Dive
Email | Twitter
 

 
 

 

 

 

 

 

 

 
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