Leading brand investment platform Go Global Retail plans to acquire San Francisco based ModCloth a digitally native retailer of unique women’s fashion and accessories.
Details are provided below:
- The ModCloth offers women’s clothing, shoes, handbags and accessories.
- Go Global Retail will invest in ModCloth’s digital capabilities.
- “We believe that together with current management, ModCloth has the ability to become a stronger player in the premium fashion market, nationally as well as internationally,” stated Go Global’s Jeff Streader. “Our team of experienced retail and brand practitioners will supplement existing management in areas of digital strategy, supply chain and operations,” added Christian Feuer of Go Global.