On small devices, please use the menu in portrait orientation.

How about a sweater with that carton of eggs?

Back to All insights

Share this article:

As seen in NBCNews.com

Read More

Walmart has done well with basic apparel in the past, but it has struggled to make a mark when it comes to fashion. In 2017, it acquired the menswear company Bonobos and the womenswear brand ModCloth. The following year, it rolled out a series of exclusive in-house apparel brands and acquired the plus-size women’s brand Eloquii. But by 2019, ModCloth had been sold off, and Bonobos had been downsized.

“They had a terrific distribution network,” said Michael Prendergast, a managing director of Alvarez & Marsal Consumer and Retail Group. “Prices were super sharp, but the value of the product you’re getting for the price was misaligned. It felt cheap in certain items.”

  • All Types
  • Press
  • All Services
  • Consumer Products
  • Retail
  • All Topics
  • Apparel & Footwear
  • Big Box & Mass Merchants
  • Brands
  • Department Stores
  • Walmart

Contact Us

    Alvarez & Marsal is committed to protecting and respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested from us.

    Back to Top