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Roundup: Walmart names a Bonobos CEO and other personnel news

Roundup: Walmart names a Bonobos CEO and other personnel news

Roundup: Walmart names a Bonobos CEO and other personnel news

Walmart Inc., No. 3 in the Internet Retailer 2018 Top 1000, has hired Micky Onvural as CEO of men’s apparel retailer Bonobos, which the retail giant acquired last year. She moves up in the company after joining in 2016 as chief marketing officer, and then added the title of co-president last year.

Prior to Bonobos, Onvural worked at cosmetics maker L’Oreal SA (No. 288) as group brand manager and at online marketplace eBay Inc. as senior manager of global brand development. Onvural is the latest in Walmart’s British-born employee appointments, following Simon Belsham as head of Jet.com, Janey Whiteside as chief customer officer and Judith McKenna to run Walmart’s international business.

Onvural said on a podcast in March that she’d like to double Bonobos’s sales in three years—no small feat, given the lackluster growth in the broader menswear market. Walmart doesn’t break out revenue for the unit. The retailer, however, posted strong e-commence sales in the second quarter, its most recent quarterly earnings announced earlier this month. U.S. e-commerce sales rose 40% in the second quarter ended July 31 compared with last year, according to management commentary from CEO Doug McMillon.

Walmart has been on an e-commerce shopping spree over the last couple years. In 2016, it purchased marketplace Jet.com. Last year, it bought women’s apparel retailer Modcloth Inc., men’s apparel retailer Bonobos, shoe retailer Shoebuy.com Inc. and sports gear and apparel retailer Moosejaw. Earlier this year, Walmart also launched a Lord & Taylor-branded section on the recently redesigned Walmart.com.

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