Walmart’s Bonobos appoints new CEO
by September 20, 2018 1:22 pm 440 views
Partial image from the Bonobos website.
Walmart confirmed this week Micky Onvural will be taking over as head of Bonobos, the upscale men’s apparel startup it acquired last year. She succeeds Bonobos founder Andy Dunn, who recently accepted a bigger role within Walmart’s digital brands. Onvural will report to Dunn and Marc Lore, CEO of Walmart U.S. eCommerce.
Onvural, a London native, joined Bonobos in 2016 as its marketing chief before being elevated to co-president last year. Prior to Bonobos, she worked at L’Oreal and eBay. She told the media this past spring the startup has plans to double its sales in three years.
Onvural said recently Bonobos does not have plans to expand into women’s clothing. One of her goals for the company is to continue making its clothing more inclusive in terms of sizing.
The company currently has 195 fit combinations. Bonobos has 55 stores across the U.S. and employs about 500 people.