x
Breaking News
More () »

Walmart to sell plus-size fashion brand Eloquii to another business

Walmart Inc. of Bentonville has agreed to sell plus-sized women's fashion brand Eloquii Inc. to online retailer FullBeauty Brands for $100 million.

ARKANSAS, USA — Walmart Inc. of Bentonville has agreed to sell plus-sized women's fashion brand Eloquii Inc. to online retailer FullBeauty Brands Operations LLC.

Financial terms of the deal were not disclosed.

Walmart acquired Eloquii in 2018 for $100 million, one of several brands it purchased around that time to build up its e-commerce presence to compete with Amazon.

To read more on the deal, our content partner Arkansas Business has the full article here. 

Follow 5NEWS on social media: Facebook | Twitter | Instagram | YouTube

Download the 5NEWS app on your smartphone:

Stream 5NEWS 24/7 on the 5+ app: How to watch the 5+ app on your streaming device

To report a typo or grammatical error, please email KFSMDigitalTeam@tegna.com and detail which story you're referring to.

Before You Leave, Check This Out