SoftBank Invests $400M In Vuori Activewear
October 13, 2021
The investment marks one of the largest ever in a private apparel company and allows the California-based company to expand its reach to markets outside the U.S.
Vuori has thrived as an online retailer — its nine brick-and-mortar locations account for roughly 10% of total sales. With SoftBank’s investment, Vuori plans to open around 100 stores over the next five years.
Known for its tech investments, SoftBank is establishing a footprint in sports and fitness. FOS