Friday, December 13, 2019

The founder of Bonobos was supposed to help reinvent Walmart. 2 years later, he’s leaving.

Andy Dunn, the founder of menswear brand Bonobos, is leaving Walmart two years after selling his company to the retail giant for $310 million, according to a source.

Dunn was most recently overseeing what was, at one point, supposed to be a key component of Walmart’s digital reinvention: a collection of digital-native brands like Bonobos and Eloquii that were meant to connect with a different demographic of shoppers and provide Walmart with more merchandise that customers couldn’t find on competing sites like Amazon. . . . more