They’ve ‘sold out’: A Walmart acquisition could be damaging for fashion brands

Walmart, through a series of recent acquisitions, is gunning to make up for lost time in a race against Amazon to flesh out its fashion business. But the company’s corporate overtaking of formerly independent brands is leaving a bad taste in the mouths of customers. Its latest target: Bonobos, the menswear retailer that specializes in affordably priced, upscale suits in the $ ...Read the full article