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CLOTHING June 21, 2017 Walmart to Buy Men’s Clothing Brand Bonobos
By: Loknath DasExpanding its online presence, Wal-Mart Stores Inc. ( WMT ) announced on June 16 it is buying Bonobos Inc. for $310 million. Bononos, a men’s clothing brand, launched online in 2007 and quickly expanded offline to open Bonobos Guideshop stores and gained a partnership with Nordstrom Inc. ( JWN ). The deal adds to the […]
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CLOTHING May 4, 2017 Wal-Mart in Talks to Buy Men’s Clothing Retailer Bonobos for About $300 Million
By: Loknath DasWal-Mart Stores Inc. is in talks to buy men’s clothing retailer Bonobos for about $300 million, according to people familiar with the situation, the latest in a string of deals aimed at attracting wealthier shoppers and more fashion-forward brands than its own website. The acquisition would be Wal-Mart’s fourth purchase of a small online-focused […]