Le Tote Buying Lord & Taylor from Hudson's Bay for $100 Million
By A Mystery Man Writer
Description
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 online retailer buys venerable Lord & Taylor for $100 million
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Lord & Taylor Department Stores Sold For $100 Million To Rental Clothing Company - CBS Boston
Hudson's Bay Company to sell Lord and Taylor to Le Tote for nearly $100M - National
Inside Le Tote's $100 million bet to rebuild Lord & Taylor
Lord & Taylor sold to 'endless closet' dotcom
Hudson's Bay to sell Lord & Taylor for $100 million to Le Tote
Lord & Taylor sold to 'endless closet' dotcom
from
per adult (price varies by group size)