Business|ANALYSIS Featured
What’s in for Le Tote?: Lord & Taylor’s acquisition
New York – Hudson's Bay Company (HBAYF) has announced it has sold Lord & Taylor brand to Le Tote, Inc., a fashion rental subscription service, for 75 million dollars. The deal, originally expected to close at 100 million, signals a new era for the oldest US department store chain. "Since founding Le Tote, it's been our mission to push the...
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