Trunk Club CEO Brian Spaly confirmed Wednesday night that his men’s apparel and personal shopper company is being acquired by Nordstrom for an undisclosed price. Re/code reported earlier this month that the two companies were engaged in acquisition talks. Both companies confirmed the deal to The New York Times in an article published on Wednesday evening.
Update: The purchase price was $350 million, sources tell Re/code. For more information, see our follow-up story.
This article originally appeared on Recode.net.
Contributions are a key part of the future of Vox
Readers rely on Vox for clear, nuanced coverage that not only illuminates the issues, but poses solutions, too. And we rely on help from our readers: Advertising and grants cover the majority of our costs, but we count on contributions to help us close the gaps in our budget. In fact, we’re looking to reach 95,000 individual contributions before the end of the year. Will you make the next contribution right now? Our average gift is just $20 — and it goes a long way in helping us keep our work free. Vox is here to help everyone understand what’s shaping the world — not just the people who can afford to pay for a subscription. We believe that’s an important part of building a more equal society. Join that mission by making a contribution today.
Yes, I'll give $5/month
Yes, I'll give $5/month
We accept credit card, Apple Pay, and
Google Pay. You can also contribute via
:format(webp)/cdn.vox-cdn.com/uploads/chorus_image/image/63702973/screen-shot-2014-07-14-at-9-21-21-am.0.1467743338.0.png)
