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.
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Lord & Taylor
Acquisition in 2019
Established in 1826, Lord & Taylor is a renowned retailer offering designer fashion for men, women, and children. As a pioneer in the industry, it was the first department store to relocate to Fifth Avenue, introduce personal shopping services, and appoint a female president.
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