Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Inside Le Tote’s $100 Million Bet on Lord & Taylor

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

For direct-to-consumer brands, the next frontier is the physical space, and Le Tote’s CEO said buying Lord & Taylor for $100 million allows the DTC brand to scale its brick-and-mortar infrastructure much faster than if it had chosen to build the base itself. Rakesh Tondon, who helms the subscription apparel rental business, told the audience on Tuesday…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!