The web giant’s private-label push is emphasizing basics, but it’s still not clear just where Amazon is headed.
The former Amazon Fashion president will help the private equity firm find and scale its consumer investments.
The custom suit business has been a bright spot for Men’s Wearhouse and Jos. A. Bank.
The activist withdrew its appeal of the retailer’s $500 million capital infusion from Rhône Capital.
The web giant said sales through its app shot up over 50 percent while its Echo Dot was the best-selling item.