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Bankruptcy Claims Lord & Taylor and Parent Le Tote

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Lord & Taylor and its apparel-subscription parent company Le Tote filed for bankruptcy Sunday. The nation’s oldest department store, purchased just last year by eight-year-old San Francisco fashion rental startup Le Tote, filed the voluntary Chapter 11 petition in a Richmond, Va., federal bankruptcy court. Executives at Le Tote could not be immediately reached for…

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