Aug
28
Le Tote Acquires Lord & Taylor in a $100 Million Deal
Posted in: UncategorizedLord & Taylor, the famed 193-year-old brand that’s struggled for years and recently closed its Fifth Avenue flagship in New York, is getting a second life. Le Tote, a 7-year-old digitally native clothing subscription brand, acquired the storied retailer for about $100 million. Hudson’s Bay Company, which owned Lord & Taylor, is still set to…
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