11 March 2021
The Weekly
United States

The intellectual property and e-commerce assets of the iconic department store retailer were sold by its bankrupt owner, Le Tote, in a bankruptcy auction in October to investment firm Saadia Group for $12mn. Saadia plans to re-launch Lord & Taylor’s e-commerce site in April, with an initial focus on men’s and women’s clothing, beauty and home. All Lord & Taylor stores were liquidated as of February 2021.