Shoes.com news and archive

Walmart sells two digital brands

Retail Dive has reported that Walmart has made deals to sell off two of its digital brands, Shoes.com and Bare Necessities. Walmart originally acquired Shoes.com for 9 million dollars in 2017 and has now sold it off to private equity firm CriticalPoint Capital. Bare Necessities is being sold to Israeli company Delta Galil Industries. The details...

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After 450 million fundraising, Shoes.com eyes autumn IPO

Canadian e-commerce start-up Shoes.com Technologies would be allegedly eyeing an autumn IPO after completing a private funding round worthy 45 million Canadian dollars. The company raised 45 million Canadian dollars earlier this month, valuing it at 320 million Canadian dollars. The offering was oversubscribed by two to three times, Chairman...