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08-28-2019 05:24 PM - edited 08-28-2019 05:24 PM
It's $75 million cash now, another $25 million in two years, and HBC will retain a shareholder stake in Le Tote.
08-28-2019 09:06 PM
I received the notice and at first, thought they had been bought out by Le Tote. They've partnered with them.
If you go to the L&T site, there is a place that you click to shop a "new way". It offers you the ability to customize your favorite accessories, request specific items, have them shop for you to pull together a complete outfit/wardrobe based on what you specify. Le Tote has only been around for 6 years or so....all about e commerce and accessorizing a persons' look.
We'll see how long this lasts.
08-29-2019 11:08 AM
I saw a piece on the Today Show about a service called Rent the Runway. They showed the process returned clothing goes through before it is rented again. There was a woman sniffing the clothing before it went to dry cleaning. I wish QVC would do this! I’ve received several items that reeked of perfume or body odor over the years.
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