Who owns Bonobos?
Fact-checked 2026-09-07 · every claim links to its source below
What Bonobos says
- WHP Global announced that it and Express would acquire Bonobos from Walmart for a combined $75 million, with WHP taking the brand and Express the operating assets under a license from WHP.2
- WHP Global is also the owner of the Joseph Abboud trademarks, bought from Tailored Brands for $115 million in 2020.9
What buyers and reviewers report
- Walmart bought Bonobos for $310 million in 2017 and sold it in a deal announced April 13, 2023 and completed May 23, 2023: WHP Global paid $50 million for the brand and trademarks and Express paid $25 million for the operating assets and related liabilities; Walmart booked roughly a $235 million loss.134
- Express Inc. filed Chapter 11 in April 2024.6
- In June 2024 Phoenix Retail LLC, a newly formed joint venture of Simon Property Group, Brookfield Properties, Centennial and WHP Global, acquired most Express assets for about $174 million ($136 million cash plus $38 million of assumed liabilities) and agreed to operate all U.S. direct-to-consumer commerce for both the Express and Bonobos brands.567
- A former New York & Co. chief executive was named to lead Express and Bonobos under Phoenix Retail.8
What it means for you
- Bonobos and Express are run by the same operating company, Phoenix Retail; cross-brand returns and gift cards between them are not verified, because no official policy page was checked.6
- Bonobos and Joseph Abboud share a brand owner, WHP Global, but Joseph Abboud garments are made and sold by Tailored Brands under license, so the two have nothing in common at the store level.29
- Bonobos and Brooks Brothers share two equity owners, Simon Property Group and Brookfield, through Phoenix Retail and Catalyst Brands respectively; that is a landlord-level overlap, not a shared store or policy.56
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Questions people ask
Does Walmart still own Bonobos?
No. Walmart sold Bonobos in 2023 for a combined $75 million, $50 million from WHP Global for the brand and $25 million from Express for the operations, about $235 million less than it paid in 2017 124.
Is Bonobos owned by Express?
Express bought the operating assets in 2023, then filed Chapter 11 in April 2024; since June 2024 both Express and Bonobos operations belong to Phoenix Retail LLC 16.
Sources
What Bonobos publishes
- WHP Global and EXPR to acquire Bonobos for a combined $75 million — WHP Global, 2026-09-07official
- Tailored Brands closes the sale of the Joseph Abboud trademarks to WHP Global for $115 million — Tailored Brands, 2020-03-05official
What buyers and the press report
- Walmart sells Bonobos to WHP Global and Express — CNBC, 2023-04-13press
- Walmart sells Bonobos to Express and WHP Global for $75 million — Retail Dive, 2026-09-07press
- Walmart sells Bonobos, gets $235 million less than what it paid — Bloomberg, 2023-04-13press
- Three mall landlords, WHP acquire Express out of Chapter 11 for $174 million — CoStar, 2026-09-07press
- Express, Bonobos acquired out of bankruptcy by Simon, Brookfield, Centennial and WHP Global — Retail Dive, 2026-09-07press
- Bankruptcy judge approves sale of Express Inc. to group led by WHP Global — The Globe and Mail, 2026-09-07press
- Former New York & Co. CEO to lead Express, Bonobos — Fashion Dive, 2026-09-07press