Eric Koger

Recent weeks have brought some major shake-ups to the e-commerce world as Sophia Amoruso stepped down as CEO of Nasty Gal and Eric Koger stepped down as CEO of ModCloth. While some may wonder if such personnel changes signal the fall of vertically integrated retail, I believe the industry is entering a new phase where successful players will look and behave more like retailers and less like tech startups.

Online clothing retailer ModCloth has brought over an executive from Urban Outfitters to take over as CEO. On Jan. 19, Modcloth Co-Founder and CEO Eric Koger will hand the reins over to Matthew Kaness, who most recently served as chief strategy officer at Urban Outfitters. Eric and Susan Gregg Koger started ModCloth, a women's clothing retailer that focuses on quirky, vintage-inspired styles, in 2002 while they were students at Carnegie Mellon University in Pittsburgh.