Gucci is escalating its efforts to combat counterfeiting, initiating legal action against three U.S. retailers: Sam's Club, Century 21, and Lord & Taylor. The lawsuits, filed by Gucci's American division in federal court in Manhattan, allege these retailers' involvement in the illicit sale of counterfeit Gucci products. The luxury brand...
Nov 24, 2023
The Saadia Group has launched famed American brand and former department store Lord & Taylor as a digital Collective Store. The new partnership promises exclusive collaborations and merchandise to bring Lord & Taylor’s 195 year heritage to a new generation. As America’s first and oldest department store, Lord & Taylor has a serious history with...
Apr 18, 2021
Things aren't looking good for Lord & Taylor. The company, which recently filed for bankruptcy, has added five more stores to their liquidation process. The news was reported by CNN. This brings the total count of Lord & Taylor stores being liquidated to 24. Prior to liquidation, Lord & Taylor operated 38 brick-and-mortar stores. The five stores...
Aug 24, 2020
Lord & Taylor will permanently close 19 of its brick-and-mortar stores. The luxury department store and its parent company Le Tote filed for Chapter 11 bankruptcy protection this past weekend. "Both Le Tote and Lord + Taylor will continue to operate during the chapter 11 process and offer the same superior service and value," the company stated...
Aug 5, 2020
US luxury department store chain Lord & Taylor has filed for bankruptcy, becoming the latest retail casualty of the Covid-19 pandemic. The company filed for Chapter 11 protection on Sunday, according to documents from the US Bankruptcy Court for the Eastern District of Virginia, along with its owner, French fashion rental subscription service Le...
Aug 3, 2020
It hasn't been a bright couple of years for Lord & Taylor, and the global coronavirus pandemic isn't helping. When their New York flagship store closed, that was a major blow to the retailer. Now, the department store chain is exploring the possibility of bankruptcy as their 38 stores remain closed due to the coronavirus pandemic. Bankruptcy is...
Apr 22, 2020
Amazon is planning on buying the site of the once iconic Lord & Taylor flagship on Fifth Avenue for 1.15 billion dollars. The news was reported by The New York Post. The building spans 11 stories and totals 660,000 square feet. Amazon has plans for the building to eventually house several thousand employees. Originally, Lord & Taylor was to be...
Mar 13, 2020
Even though Lord & Taylor shuttered its historic New York City flagship on Fifth Avenue at the start of 2019, the department store is returning to the city for the holiday shopping season. The Lord & Taylor holiday pop-up will be open for two weeks in December in a 2,400-square-foot space in the city's Soho neighborhood, in an area that features...
Dec 3, 2019
Hudson’s Bay Company (HBC) has announced completion of the sale of Lord + Taylor to Le Tote, Inc., a fashion rental subscription service, for 99.5 million Canadian dollars (75 million dollars) in cash and a secured promissory note for 32.2 million Canadian dollars (25 million dollars) payable in cash after two years, subject to customary...
Nov 11, 2019
New York – Hudson's Bay Company (HBAYF) has announced it has sold Lord & Taylor brand to Le Tote, Inc., a fashion rental subscription service, for 75 million dollars. The deal, originally expected to close at 100 million, signals a new era for the oldest US department store chain. "Since founding Le Tote, it's been our mission to push the...
Aug 30, 2019
Canadian retailer Hudson's Bay Company (HBC) has announced it is selling luxury department store chain Lord & Taylor to fashion rental subscription service Le Tote in a 100 million dollar deal. The deal will see Le Tote acquire the Lord & Taylor brand and related intellectual property while assuming operations of its 38 stores, digital channels...
Aug 28, 2019
Vanessa LeFebvre announced last week that she is leaving her post within Lord & Taylor. The retail executive took over the role of president with the Hudson's Bay-owned retailer last May, following the departure of former president Liz Redbell. LeFebvre joined Lord & Taylor from Stitch Fix, where she served as vice president, women's buying....
Jun 17, 2019
