Nordstrom could be on the verge of expanding its digital services by acquiring Chicago-based Trunk Club.
The two companies are in acquisition talks, according to Re/code, but it’s unclear at the moment exactly where the talks will lead.
It makes sense for Nordstrom to target Trunk Club. Trunk Club allows customers to work closely with an online stylist and receive clothes--from a variety of brands--in the mail, returning what the don’t want and paying for what they do. The purchase would bolster Nordstrom’s existing brick and mortar styling service.
A Nordstrom spokesman and Trunk Club CEO Brian Spaly both declined to comment on the talks, according to Re/code. The talks could end in an acquisition, a strategic investment, or neither, the report said. So who knows.
But prior to becoming Trunk Club CEO Splay was the founder of men’s apparel company Bonobos, of which Nordstrom is an investor.
Trunk Club, founded in 2009, has raised $12.1 million in funding and has approximately 200 total employees in Chicago, according to Built in Chicago.
Image via Trunk Club
