DiscovereCommerce Minute545: Le Tote Buys Iconic Department Store Lord & Taylor
545: Le Tote Buys Iconic Department Store Lord & Taylor

545: Le Tote Buys Iconic Department Store Lord & Taylor

Update: 2019-09-12
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Lord & Taylor, once known as a high-end fashion destination has been sold to Le Tote, Inc., a fashion rental subscription service.


LeTote scooped up the luxury retailer for a mere $75 million with an additional $25 million in the form of a secured promissory note after two years.



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545: Le Tote Buys Iconic Department Store Lord & Taylor

545: Le Tote Buys Iconic Department Store Lord & Taylor

eCommerce Minute