Founder of Fashion Retail Website Bonobos Leaves Walmart

Andy Dunn, the founder of the online fashion retailer Bonobos, is leaving Walmart Inc. two and a half years after the retail giant bought his company.

Walmart paid $310 million in cash for Bonobos in 2017, and Dunn initially continued to oversee the brand while reporting to e-commerce head Marc Lore. He later assumed the title of senior vice president of digital brands.

“After more than two years innovating new, incubated brands and bringing on important acquired brands, as an entrepreneur at heart, Andy Dunn has decided now is the right time to take the next steps in ...