Retail News

Trunk Club founder leaving Nordstrom

Chicago Tribune 01/09/2017

Brian Spaly, who founded Trunk Club and stayed on as its CEO after Nordstrom acquired the company, is leaving. In the fourth quarter, Nordstrom announced it was taking a $197 million impairment charge on Trunk Club, more than half the $350 million it paid to acquire the business in 2014.

 

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