: Walmart purchased ModCloth through its e-commerce subsidiary, Jet.com , on March 17, 2017.
Yes, acquired ModCloth in March 2017 , but it no longer owns the brand today. After struggling with profitability and a "culture clash" between the indie retailer and the corporate giant, Walmart sold ModCloth in October 2019 . The Acquisition (2017) did walmart buy modcloth
Walmart to sell women's apparel brand ModCloth to Go Global Retail The Acquisition (2017) Walmart to sell women's apparel
: While official terms were not disclosed, reports estimated the price was between $50 million and $80 million . The Sale and Beyond (2019–Present)
: The move was controversial. Many of ModCloth's core customers—who valued the brand's indie, body-positive, and feminist roots—felt the partnership with a mass-market retailer like Walmart was a betrayal of those values. The Sale and Beyond (2019–Present)
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