Le Tote
Le Tote's Overview
Le Tote was a prominent fashion rental subscription service founded in 2012, designed to offer women an 'endless closet' of clothing and accessories. Members could rent items, wear them, and then return them or purchase them at a discount. The company aimed to blend technology with fashion, providing a personalized and convenient alternative to traditional retail. In 2019, Le Tote made headlines by acquiring the historic department store Lord & Taylor from Hudson's Bay Company. However, both Le Tote and Lord & Taylor faced significant challenges, exacerbated by the COVID-19 pandemic, leading to bankruptcy filings in August 2020. Subsequently, The Saadia Group acquired the intellectual property, e-commerce operations, and other assets of both Le Tote and Lord & Taylor.
Where is Le Tote's Headquarters?
HQ Function
Served as the central hub for executive leadership, technology development, marketing, merchandising, and overall business operations for the fashion rental service.
Notable Features:
Likely a modern, open-office environment typical of tech startups, designed to foster collaboration and innovation. Specific architectural details are not widely publicized.
Work Culture:
As a venture-backed startup, Le Tote likely cultivated a fast-paced, innovative, and data-driven work culture, with a strong emphasis on customer experience and disrupting the fashion industry.
HQ Significance:
The San Francisco location was significant for access to tech talent, venture capital, and a forward-thinking consumer base, crucial for a disruptive tech-fashion company.
Values Reflected in HQ: The HQ likely reflected values of innovation, modernity, customer-focus, and adaptability in the evolving retail landscape.
Location:
Le Tote's primary market and operations were concentrated within the United States. While they sourced garments internationally, their customer-facing subscription service was U.S.-based. Post-acquisition by The Saadia Group, any global strategy would be part of Saadia's broader international operations for its portfolio of brands.
Street Address:
Historically, one of their known addresses was 121 Spear St
City:
San Francisco
State/Province:
CA
Country:
USA
Le Tote's Global Presence
Groveport, Ohio, USA
Address: Not publicly specified, but operated a large distribution center in the Groveport area.
Strategically located in Ohio for optimized logistics and efficient nationwide distribution, allowing for timely delivery and returns processing for its subscription model.
Buying Intent Signals for Le Tote
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Executive Team of Le Tote
As of April 2025, Le Tote' leadership includes:
Investors of Le Tote
Le Tote has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
Following its acquisition by The Saadia Group in late 2020 and subsequent operational integration, specific executive movements solely for the 'Le Tote' brand entity are not typically publicized. Leadership changes would occur at The Saadia Group level, which now manages the brand. Therefore, there's no distinct Le Tote executive team activity to report in the last 12 months.
Technology (Tech Stack) used by Le Tote
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Le Tote Email Formats and Examples
Historically, Le Tote likely used common corporate email formats. For customer support, emails such as hi@letote.com or support@letote.com were used. For employees, formats often include [first].[last]@letote.com or [first_initial][last]@letote.com. Current communication would be routed through The Saadia Group's channels.
[first].[last]@letote.com or [first_initial][last]@letote.com
Format
jane.doe@letote.com or jdoe@letote.com
Example
20%
Success rate
News and media
WWD • October 14, 2020
Le Tote news title: Saadia Group Finalizes Deal for Lord & Taylor, Le Tote Assets
The Saadia Group LLC has completed its acquisition of the Lord & Taylor and Le Tote businesses, purchasing the intellectual property, e-commerce operations, and other assets for $12 million in cash following their bankruptcy filings....more
Retail Dive • August 27, 2020
Le Tote news title: Lord & Taylor, Le Tote file for bankruptcy
Fashion rental service Le Tote and its department store subsidiary Lord & Taylor filed for Chapter 11 bankruptcy protection, citing pressures from the COVID-19 pandemic and the challenging retail environment....more
TechCrunch • August 28, 2019
Le Tote news title: Le Tote to acquire Lord & Taylor for $75M
Subscription clothing rental service Le Tote announced it reached an agreement with Hudson’s Bay Company to acquire Lord & Taylor for $75 million (C$100 million), aiming to combine its digital rental model with traditional retail....more
VentureBeat • May 15, 2018
Le Tote news title: Le Tote raises $15 million to rent you an ‘endless closet’ of clothes and accessories
Le Tote, a subscription service that rents clothing and accessories to women, today announced it has raised $15 million in a series B extension round. The funding was led by new investor AITV, with participation from existing investors Azure Capital Partners, Lerer Hippeau Ventures, Simon Ventures, Sway Ventures, and Epic Ventures....more
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