8-year-old clothing rental company Le Tote bought Lord & Taylor with a plan to save it from collapse. Now, both are bankrupt.

6:30am PDT - August 5th, 2020    lord and taylor - Business Insider

• Lord & Taylor and its owner, Le Tote, have filed for Chapter 11 bankruptcy.
• Le Tote purchased Lord & Taylor in a $100 million deal last summer, with plans to integrate its rental services and invest in the department store's online business.…