Nordstrom and Coppel could exit the online men's fashion company, which is in talks with Walmart over an acquisition that would follow $127m of venture funding.
Big box retailer Walmart is looking to acquire US-based men’s fashion e-commerce company Bonobos in a deal that would allow retail chains Nordstrom and Coppel to exit, Recode has reported.
Walmart is likely to pay about $300m for Bonobos, a person familiar with the situation told Bloomberg, adding that talks between the companies are in the final stages.
Bonobos specialised in chinos when it was founded in 2007 but has since grown its clothing range to include suits, shirts, shorts…
