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Online Phenom Bonobos Adding More Stores

Online menswear brand Bonobos has raised a total of $55 million in venture capital funding, bringing the brand's total funding to $128 million. The company plans to use a large part of the latest investment to grow from 10 locations to 40 nationwide by 2016. Bonobos’ physical "Guideshops" locations are mini-showrooms where customers can try on items, get advice from a “Guide,” and then order online. In February, Bonobos entered the womenswear space, launching AYR, its first women’s brand.

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