Le Tote, a clothing rental subscription service, has reportedly purchased Lord & Taylor for $100 million. Alex and Nick break down the numbers behind this acquisition and theorize why this deal happened.
This is an excerpt from episode 19 of Winner Take All. Watch the full episode here: youtu.be/f2Xn6kQuQKw
Le Tote to Buy Lord + Taylor from Hudson’s Bay Company for $100M
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Platform Innovation