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Wal-Mart seeks online fashion presence through acquisitions

reutersCOMPANYNEWS companyNews

April 17 (Reuters) - Wal-Mart Stores Inc's bid for clothing retailer Bonobos, which surfaced last week, is the latest step in the company's attempt to recover lost ground against Amazon.com Inc and others in the rapidly growing online fashion world, analysts and retail consultants said.

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