Just over two years ago, Nordstrom (NYSE: JWN) spent $350 million to acquire fast-growing personalized clothing service Trunk Club. At the time, it seemed like a savvy move to combat the rising threat ...

Nordstrom’s $350 million purchase Trunk Club might’ve been a fashion faux pas. The Seattle retailer is taking a $197 million write-down on the personal styling service, valuing it at less than half of ...

Seattle (January 9, 2017) - Nordstrom, Inc. today announced that Brian Spaly, CEO of Trunk Club, has chosen to depart the company. Terry Boyle, president of ...

Trunk Club hasn’t performed as well as expected since Nordstrom bought the Chicago-based apparel company in 2014. The $197 million goodwill impairment charge Nordstrom reported Thursday means ...

During the widespread, mandated quarantine fashions have undoubtedly changed — with even designers showing a clear preference for comfort as they stay at home. To better understand today’s style, ...

Two years after paying $350 million for Chicago-based styling service Trunk Club, Nordstrom has written down its value by more than half. The Seattle-based retailer took a $197 million impairment ...

Nordstrom’s Trunk Club has been sued by a former employee who complains that the personal styling service makes even entry-level workers sign highly restrictive noncompete agreements, making it ...

Nordstrom is closing all six of its Trunk Club stores, including the one in Chicago, and folding the fashion styling service into its nearby department stores. The decision, announced during an ...

With little more than a passing glance at the matter, it would be easy to conclude Nordstrom (NYSE: JWN) simply misjudged the potential of personalized styling service/retailer Trunk Club. The company ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Earlier this week Nordstrom reported its fourth-quarter and ...

Online shopping can help you avoid long lines and terrifying dressing room lighting, but it still can’t pick out what actually looks good on you. That’s where Nordstrom’s Trunk Club can help: Trunk ...

Just over two years ago, Nordstrom (NYSE: JWN) spent $350 million to acquire fast-growing personalized clothing service Trunk Club. At the time, it seemed like a savvy move to combat the rising threat ...