The New York Stock Exchange is delisting Express. It’s news that is, most likely, met with a collective shrug. The demise of another mall brand isn’t all that interesting, we suppose. But it is also the demise of an original DTC brand. Express, if you remember, is the latest legacy retailer to own Bonobos, which it acquired for $75M last year (a deal that slashed its valuation by 75% from when Walmart bought it in 2017).
Express
Express
Express
The New York Stock Exchange is delisting Express. It’s news that is, most likely, met with a collective shrug. The demise of another mall brand isn’t all that interesting, we suppose. But it is also the demise of an original DTC brand. Express, if you remember, is the latest legacy retailer to own Bonobos, which it acquired for $75M last year (a deal that slashed its valuation by 75% from when Walmart bought it in 2017).