545: Le Tote Buys Iconic Department Store Lord & Taylor

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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.

Episode metadata supplied by the publisher feed · Published Sep 12, 2019

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545: Le Tote Buys Iconic Department Store Lord & Taylor

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