Why Direct-To-Consumer Companies Like Casper, Allbirds And Peloton Are All Struggling
The direct-to-consumer boom is coming to an end. A once bustling group of companies, backed by billions in venture capital funding, saw a record year for IPOs in 2021. Now, three years later, most of those direct-to-consumer companies still don’t have a clear path to profitability. Now many of these so-called DTC darlings are being…