All articles tagged with #outdoor voices
Athleisure company Outdoor Voices is shutting down all 16 of its stores nationwide and transitioning to an online-only business, leaving retail employees without severance and offering minimal compensation for their remaining time. The move comes after a decline in the company's valuation and the departure of its co-founder and CEO.
Outdoor Voices, an athletic apparel company known for its Instagrammable aesthetics and lifestyle branding, is closing all its retail stores and transitioning to an exclusively online business. The decision came as a surprise to employees, who were notified through an internal Slack message and were not offered severance. The company, which had previously raised millions in funding, has faced internal turmoil and declining valuation in recent years. The closure of its retail locations marks a significant shift in its business strategy.