Ashley Hubka, senior vice president of corporate strategy, development and partnerships at Walmart, said in a statement Friday: "We believe that ModCloth's strong brand equity positions it for growth in the future. It may have been a surprise when Walmart bought ModCloth (along with a slew of other online pure-plays), but less so when the brand was sold to … The brand will now be a part of investment firm Go Global Retail, though it will continue to operate independently. ModCloth employees … Susan Gregg Koger started ModCloth in … This rich heritage defines who we are and what we do today. Instead, it's used the deals to gain talent and to learn more about their customers. ModCloth was founded in 2002 by Susan Gregg Koger and Eric Koger. ModCloth CEO Matthew Kaness, his executive team, and ModCloth’s 300-plus employees will continue to be based in San Francisco, Los Angeles and Pittsburgh, and will join our U.S. e-commerce retail organization. When she called out the company – by way of formal letters and social media – … “But it’s clear that their labor practices have not changed.” (OUR Walmart has an ongoing campaign and website, ModClothIsWalmart.org, aimed at … Walmart.com (started as a joint-venture, it has since been fully acquired and is a wholly owned subsidiary of Walmart) Sonae Distribuição Brasil (Brazilian operations) - now WMS Supermercados do Brasil. The “Femme Fist” print she created on the heels of last year’s presidential election and subsequently printed on t-shirts, tote bags, posters, and pins, was copied by Walmart-owned Modcloth. Online retailer Modcloth—known for its quirky styles and body-positive campaigns—is reportedly being bought by Jet.com, a company that was acquired by Walmart in August 2016. Deadline to apply for Walmart’s Annual Open Call for Products Made, Grown or Assembled in America is Friday, April 30, Greenlight on J&J: Science Behind the Vaccines, Building an Inclusive Walmart and Accelerating Racial Equity. This time it's ModCloth, a fashion brand with a quirky style aesthetic that makes the acquisition about a lot more than clothes. Here's one story. How can I help my team be successful at work? ModCloth is widely acclaimed as one of the most inclusive fashion brands in the industry, pioneering the promotion of size diversity, lifestyle inclusiveness and body positivity over the last decade. The price tag of the ModCloth deal also wasn't disclosed at that time. According to reports, the retailer is about to become the proud owner of ModCloth, an e-tailer known for selling vintage-inspired clothing for women of all shapes and sizes, as the result of an acquisition made by its Jet.com business. In a post on the ModCloth blog, co-founder Susan Gregg Koger called the news “bittersweet,” acknowledging that the past few years have brought layoffs … We want to hear from you. What CVS stand for? Walmart is selling online women’s apparel business ModCloth, which it acquired in March 2017, to Go Global Retail, the companies announced Friday afternoon. 1 category for digital commerce, according to comScore, and we gain the experience of a well-recognized specialty apparel e-commerce brand that’s trusted by millions of millennial women. Walmart-owned Jet is acquiring cool, quirky ModCloth to target millennial shoppers. Instead, Lore and Bonobos co-founder Andy Dunn, who had played a key role in Walmart's string of start-up acquisitions, have both said Walmart plans to focus more on incubating its own brands for the foreseeable future. Part of investment firm Go Global Retail. investment firm Go Global Retail. ModCloth in 2017 Market and. 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