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The global fashion business journal

Jun 5, 20207:08am

Lord&Taylor starts new chapter with Le Tote: opens pop-up in New York

After selling its flagship store at the beginning of the year, the department store will reinvent itself with the opening of a pop-up store in Soho.

Dec 9, 2019 — 5:14pm
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Lord&Taylor starts new chapter with Le Tote: opens pop-up in New York

 

 

Lord&Taylor comes back to Manhattan. The department store, which was acquired by Le Tote in August, plans to open a pop-up store in Soho, in New York, during the Christmas season. The store will have 222 square meters.

 

The company closed its flagship in New York last February. The eleven-story building located on Fifth Avenue was acquired by WeWork for 850 million dollars.

 

Last November, the secondhand sales company Le Tote, acquired Lord&Taylor from Hudson’s Bay, for one hundred million Canadian dollars (75 million dollars). The deal included the brand, e-commerce, inventory, and its 38 stores. Hudson’s Bay, on the other hand, acquired a 25% stake of Le Tote. 

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