Walmart sells Bonobos for $75 million, slashing value by 75%
The online-focused menswear line was worth $310 million to Walmart in 2017.
Source: fortune.com
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Bonobos Being Sold by Walmart at a Big Discount - Multichannel Merchant
Walmart is selling another DTC brand as Bonobos goes to Express and WHP Global for $75 million, a $235 million discount to its 2017 purchase.
Source: multichannelmerchant.com
WHP and Express Buying Bonobos from Walmart for $75M
Brand management firm WHP Global and Express Inc. agreed to buy Bonobos for a combined $75 million from Walmart on Thursday.
Source: footwearnews.com
WHP Global and EXPR to Acquire Bonobos for a Combined $75 Million
WHP Global will Acquire the Bonobos Brand EXPR will Acquire the Bonobos Operating Assets and Operate the Bonobos eCommerce, Guideshop and Wholesale Businesses in the U.S. Under an Exclusive... | April 13, 2023
Source: marketscreener.com
Walmart Sells Bonobos to WHP Global and Express in $75 Million Deal
Walmart has agreed to sell Bonobos to WHP Global and Express for $75 million after purchasing the DTC brand for $310 million in 2017.
Source: nbclosangeles.com