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Report: Lord & Taylor to Return as Online-Only Retailer in April

Lord & Taylor will return from bankruptcy as a digital-first retailer in April under its new owner Saadia Group, according to multiple…

Lord & Taylor, Men’s Wearhouse Parent Declare Bankruptcy

Two retailers that have been on bankruptcy watch — Lord & Taylor and Tailored Brands — submitted their Chapter 11 filings on…

Downturn And Infection Fears Roil Apparel Recommerce Market

Retailers of resale and rental apparel and accessories are feeling the economic effects of COVID-19 just as other retailers in these verticals,…

Hudson’s Bay Shareholders Approve Privatization Plan

More than 98% of Hudson’s Bay Company (HBC) shareholders voted to take the department store retailer private for a price of $11…

NRF 2020: Le Tote, Poshmark And StockX Embrace Conscious Consumption, Immediate Product Access

The rise of digitally native brands has accelerated the growth of retail business models such as recommerce, subscription and rentals, but standing…

Report: Lord + Taylor To Open Holiday Pop-Up In NYC

Lord + Taylor will return to New York City with a holiday pop-up, a person familiar with the matter told Bloomberg. The…

Le Tote Names President Of Lord + Taylor, Finalizes Purchase

Le Tote has named Ruth Hartman President of newly acquired Lord + Taylor. Hartman, who brings more than 30 years of retailer…

Destination Maternity Files For Bankruptcy, May Face Liquidation If Buyer Is Not Found

Destination Maternity has filed for bankruptcy due to a heavy debt load and fierce competition, according to CNBC. The retailer will try…

Le Tote Buys Lord + Taylor For Nearly $100 Million

Hudson’s Bay Company (HBC) will sell Lord + Taylor to Le Tote, a fashion rental subscription service, for $99.5 million. Additionally, HBC…

Le Tote Expands Subscription Concept To China

Fashion rental subscription service Le Tote is expanding internationally, debuting its brand in China in spring 2018. It will be the first…

$20 Billion Sharing Economy: Competitive Threat Or Opportunity?

What do Airbnb, Uber, TaskRabbit and Rent the Runway have in common? Despite being a diverse sample of businesses that serve and…

Le Tote Raises $15 Million To Build Out Service, Accelerate Growth

On-demand fashion rental service Le Tote has raised $15 million in Series B funding led by Accelerate-IT Ventures (AITV). Existing investors Lerer…

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