Shoemaker Allbirds Reportedly in Talks With Banks for IPO as Public Market Heats Up

The trendy shoe brand Allbirds is in the process of interviewing banks in preparation for an initial public offering, according to a report in the New York Times DealBook. The direct-to-consumer company was last valued at roughly $1.7 billion. It isn't clear the timing of Allbirds' plans to go public,...