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

Register for the Feb. 17 webinar, De-Risking Supply Chains Through Nearshoring, today to learn how to realize the benefits of localizing supply chains from factories that are helping brands successfully produce in the U.S.

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…

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