Walmart considers selling clothing brands Bonobos and ModCloth
Three top clothing brands bought by the world’s largest retailer are unprofitable
03 July 2019 - 18:14
Bengaluru — Walmart has discussed the potential sale of its unprofitable clothing brands Bonobos and ModCloth with buyers, online news portal Vox reported on Wednesday, citing sources familiar with the matter.
The world’s largest retailer bought a clutch of clothing brands including Bonobos and ModCloth in 2017 and Eloquii in 2018 to appeal to younger shoppers in its effort to compete with Amazon.com. ..
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