Walmart to acquire Eloquii

|About: Walmart Inc. (WMT)|By:, SA News Editor

Walmart (WMT +0.9%) plans to acquire online fashion startup Eloquii, according to Recode.

Sources says the deal could go off at around $100M.

Eloquii is a direct-to-consumer brand that sells plus-sized apparel.

Walmart plans to operate Eloquiii in the same division as Modcloth and Bonobos.

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