Le Tote
Le Tote, Inc. is an online platform that offers women's apparel and accessories for rent in the United States. Founded in 2012 and headquartered in San Francisco, California, the company provides a wide range of clothing items, including dresses, tops, skirts, pants, and various accessories such as jewelry and handbags. Le Tote employs a data-driven approach to retail, utilizing algorithms and a proprietary style and personalization engine to enhance the shopping experience for its customers. The service aims to replicate the offline behavior of swapping and sharing clothes, facilitating a convenient fashion rental experience through its online portal. However, on August 2, 2020, Le Tote, Inc. and its affiliates filed for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Eastern District of Virginia.
Lord & Taylor
Acquisition in 2019
Founded in 1826, Lord & Taylor has established itself as a prominent retailer of designer fashion in Manhattan. The company operates specialty department stores that cater to men, women, and children, offering a diverse selection of clothing, jewelry, bags, shoes, and personal care products. With a commitment to providing an extensive assortment of items in various styles and sizes, Lord & Taylor features a mix of vintage, classic, and contemporary brands. The retailer is recognized for its innovative contributions to the shopping experience, being the first department store to relocate to Fifth Avenue and to introduce personal shopping services. Additionally, it made history by appointing the first woman president of a major department store, Dorothy Shaver.
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