Find in the news:
BY COUNTRY

Apparel brand Vuori has raised a record $400 million in financing



The deal was one of the largest ever in the private apparel segment.
Apparel brand Vuori has raised a record $400 million in financing

Vuori, a clothing brand specializing in the production and sale of activewear, raised $400 million in investment with a business valuation of $4 billion. 

The deal was one of the largest ever in the private apparel segment, which made Vuori one of the most expensive nonpublic brands on the market. The company was founded in 2017 and was already profitable two years later, writes Retail Dive. 

The funds raised will be used for international expansion in key markets in Europe and Asia-Pacific in 2022 and for an ambitious plan to expand to the U.S., where 100 stores are expected to open within five years. 

"With a strong e-commerce business, thriving retail stores, and a network of best-in-class wholesale partners, Vuori, unlike many other digital brands, has been profitable since 2017," the company stressed. 

Vuori also expects to launch an omnichannel business in several countries and expand its product portfolio. At the same time, the company will continue to invest in its team and infrastructure and allocate funds for a sustainability program.

Vuori also has supply contracts with major retailers such as Nordstrom and REI. The brand has become increasingly popular in recent years and has taken market share from giants like Lululemon. 

More about shopping malls in the USA



TODAY, Sweden:
The first phase of Malmö Designer Village will open in 2025.
YESTERDAY, Thailand:
Thailand's Central Retail Corporation has agreed to take over the British luxury department store chain Selfridges.
YESTERDAY, Japan:
Japanese authorities are considering imposing restrictions on purchases by international students.
Dec 4, 2021, Netherlands:
The concept store is located in the monumental Bonneterie building on the pedestrian Kalverstraat.
Dec 4, 2021, USA:
A grocery delivery service using crewless vehicles has gone live in Silicon Valley since December 1, 2021.
Dec 3, 2021, USA:
The two-level retail space will combine more than 10,000 children's products, its ice cream parlor, and a two-story slide.
Friend
and Follow
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us