In October, the American big-boxes retailer announced the purchase of plus-size clothing brand and retailer Eloquii, together with lingerie and night wear retailer Bare Necessities. No values were disclosed. These companies fit into a broader acquisition strategy for category leaders and digital brands which offer unique products. The company said that Eloquii complements ModCloth and the private brand assortment by focusing exclusively on plus-size women. According to NPD market research, the
…Wal-Mart strengthening top rank for clothes
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