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Bonobos Enters Investment Round to Further Expand Retail Presence

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Bonobos Guide ShopBonobos is furthering its expansion into physical retail and speaking with investors to become a half-billion-dollar brand.

The online menswear label has entered a new round of funding in order to open more retail spaces, according to a report by Reuters. The e-commerce brand is currently talking with investors to raise another $100 million, which would value Bonobos at roughly $500 million, according to Reuters’ anonymous sources close to the deal.

Read more on Rivet.

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