Le Tote Buying Lord & Taylor from Hudson's Bay for $100 Million

By A Mystery Man Writer

In a surprising move, Hudson’s Bay Company is selling the storied Lord & Taylor chain, which dates to 1826 in New York, to fashion rental subscription startup Le Tote for a relatively cheap $75 million upfront, and another $25 million via a promissory note in two years.

Le Tote Bought Lord & Taylor to Save It, but Both Are Bankrupt

Lord & Taylor sold to 'endless closet' dotcom

Lord & Taylor department store chain has been sold

Lord & Taylor's final sale: Who will buy all that real estate? - Marketplace

Iconic but troubled Lord & Taylor sold to clothing rental subscription company Le Tote

Lord & Taylor Files for Bankruptcy as Retail Collapses Pile Up - The New York Times

Le Tote has three years to figure out how to save Lord & Taylor

Lord & Taylor to be sold to Le Tote - RetailWire

Lord & Taylor selling to Le Tote for $100 million

Le Tote Acquired Lord & Taylor Because it's Cheaper to Buy Than Build

Lord & Taylor Leadership Looks Cautiously To The Future

What Le Tote Buying Lord & Taylor May Mean for Department Stores

©2016-2024, changhanna.com, Inc. or its affiliates