Vuori, an activewear brand, is planning to conduct a tender offer that will enable early investors and employees to sell shares. This share sale is estimated to be worth around $825 million, valuing the company at approximately $5.5 billion.
The move highlights Vuori's growth in the athleisure market, reflecting the increasing demand for activewear. This tender offer allows stakeholders to realize gains from their investments as the company continues to expand.