modcloth news and archive

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...

15 Oct 2020

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,...

16 Sep 2020

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,...

12 May 2020

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...

20 Feb 2020

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...

4 Oct 2019

Fashion

In The Style joins war on airbrushing

Manchester-based e-tailerIn The Stylehas 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...

15 Feb 2019

Retail

Modcloth stops all operations in Europe due to GDPR

ModCloth, the vintage-inspired label acquired by Walmart last year, has ceased all operations in Europe because their website was not ready for the new General Data Protection Regulation (GDPR). Effective since May 25, the new piece of legislation applies to all companies processing personal data from European citizens, regardless of whether the...

4 Jun 2018

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...

26 Mar 2018

Business

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...

22 Nov 2017

Fashion

Mod Cloth closes USD25m funding led by NVP

ModCloth, an American online retailer of independently designed fashion and decor, has closed a $25 million round of funding led by Norwest Venture Partners (NVP). The e-tailer’s existing investors, led by Accel Partners, also participated in this round. Withthe new funding round, the online retailer plans to grow its team as well as to continue...

15 May 2012