ModCloth news and archive

Nogin acquires Modcloth from Go Global

Nogin, a market leader in outsourced e-commerce for major fashion and consumer product companies, has acquired the assets of ModCloth, a digitally native retailer of women’s fashion and accessories. The Tustin-based company purchased the brand for an undisclosed sum from Go Global Retail. Initially founded as Branded Online, Nogin has provided...

Retail

Virtual fitting room market forecast to double by 2025

The global virtual fitting room market is forecasted to grow from 3 million dollars in 2019 to 6.5 million dollars by 2025, according to new research by Valuates Reports. The rise in online shopping is driving the growth of the virtual fitting room market size, with the new technology looking to decrease the exchange and return rate, and enhance...

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Retail

ModCloth returns to Europe

Vintage inspired apparel brand, ModCloth, has relaunched its shipping in Europe. The e-commerce retailer stopped shipping to European markets in May 2018, because of the General Data Protection Regulation (GDPR) program launched. Go Global Retail acquired ModCloth at the start of the year and has supported the company to become GDPR compliant,...

Retail

Klarna announces a new partnership with ModCloth

Buy-now-pay-later is clearly an attractive service to consumers during this time of economic uncertainty. Klarna is expanding its partnerships and has now teamed with digitally-native retailer ModCloth. The global payments provider and shopping service will now let ModCloth shoppers purchase their vintage-inspired women’s clothing, shoes,...

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Business

Go Global Retail finds financing for ModCloth acquisition

With acquisition financing provided by Tiger Capital Group, the brand-investment platform Go Global Retail has completed its purchase of digitally native fashion retailer ModCloth from Walmart Stores, Inc. Go Global announced the move this past October and closed on the acquisition on January 27. Tiger's cash infusion enabled the Los...

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Business

Modcloth to be acquired by Go Global Retail later this year

Go Global Retail has announced plans to acquire the assets of ModCloth, which had previously been owned by Walmart. Modcloth is a digitally native womenwear and accessories retailer, offering indie and vintage-inspired styles. "We feel good about the progress at ModCloth and believe that Go Global's team and scale out strategy presents an...

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Retail

ModCloth launches outlet

In a strategic move to get rid of their clearance, ModCloth has launched a new online outlet store to get rid of their summer clearance. The launch was spearheaded by the Walmart owned brand's merchandising, IT, and market teams. The new Mod Outlet has launched with 1200 SKUs from ModCloth's full-price inventory, with many items selling out...

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Business

Walmart might sell Bonobos and Modcloth

Reuters has reported that Walmart has been in talks to sell its unprofitable clothing brands Bonobos and Modcloth. In 2017 Walmart had acquired several clothing brands, including Bonobos and Modcloth in an effort to appeal to younger consumers and compete with Amazon. Last year they also acquired Eloquii to bring in plus-size consumer. Walmart...

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People

ModCloth names former American Apparel exec as new CEO

ModCloth has appointed Silvia Mazzucchelli as its new CEO as Antonio Nieves steps down from the position after just under two years. Nieves will spend remain with the company for some time to help Mazzucchelli transition into the role. Mazzucchelli comes to ModCloth from American Apparel, where she led initiatives during the brand's recent...

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Fashion

In The Style joins war on airbrushing

Manchester-based e-tailer In The Style has pledged to stop retouching photos of its models in all its imagery, including on its website and any original content on its social media channels. The new pledge was announced alongside the launch of the brand’s new #ITSjustgotreal campaign, featuring nine In The Style ambassadors including Love Island...

Featured

People

ModCloth taps former Bonobos CFO Antonio Nieves as new CEO

ModCloth has officially tapped the talents of Antonio Nieves to streamline the company's growth. The fashion-forward retailer confirmed that Nieves will be taking over the role as chief executive officer officially. As the former chief financial officer of Bonobos, Nieves will work with Modcloth to help build the brand. He also previously worked...

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Report

ModCloth shies away from Black Friday and donates 5 million to charity

The quirky fashion e-tailer has ‘broken up’ with Black Friday: instead of boasting their seasonal deals, ModCloth will promote values such as spending quality time with family and friends and will donate 5 million dollars in merchandising to Dress For Success. ModCloth, part of the Walmart fashion portfolio since earlier this year, has decided...