According to Modcloth Chief Executive Silvia Mazzucchelli, the Walmart-owned company is 'in the process of exploring potential opportunities' in response to interest from buyers.
Both clothing businesses, which were acquired by the American retail giant in 2017, are unprofitable, according to a report by Vox.
Next month, ModCloth will open its first permanent store at a 4,000-square-foot space in Austin, Texas, a hip blue island in a sea of red that’s been one of the brand’s best markets.
A slew of fashion start-ups are crowdsourcing critical business decisions. Is it working?
Adding clothing in a size 16 and above has boosted my business and is now its fastest growing category — other fashion brands should follow suit, advises Susan Koger. co-founder of ModCloth.