545: Le Tote Buys Iconic Department Store Lord & Taylor

eCommerce Minute
12/09/2019 10 min Temporada 3 Episodio 545

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Episode Synopsis

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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