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walmart

Walmart sold its Bonobos menswear brand, losing over $200 million

Per CNN Walmart once bought the Bonobos menswear brand in 2017 for $310 million; now, it sold the clothing line for $75 million. This resulted in a $235 million loss for the company. The buyers of the menswear brand are WHP Global and retailer Express Inc. The brand was previously
17 Apr 2023 1 min read
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