Lord & Taylor is the latest department store chain set to make an internet comeback. The retailer will relaunch in 2025 as a discount luxury e-commerce platform offering designer goods and Lord & Taylor-branded products, according to its new owner.
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Regal Brands Global acquired the Lord & Taylor intellectual property in September after its previous owner, Saadia Group — which had re-launched the chain as an e-commerce website in 2021 — ceased operations. The last Lord & Taylor store shut down in 2021 during the COVID-19 pandemic.
Business of Fashion reported Friday, Dec. 6, Regal Brands aims to sell Lord & Taylor products in other high-end retailers such as Saks Fifth Avenue and Nordstrom. Regal Brands does not currently own any other brands or retailers.
[craig nigrelli]
ANOTHER DEPARTMENT STORE CHAIN IS SET TO MAKE AN INTERNET COMEBACK.
LORD AND TAYLOR IS SET TO RE-LAUNCH IN 20-25 AS A DISCOUNT LUXURY E-COMMERCE PLATFORM — OFFERING DESIGNER GOODS AND LORD & TAYLOR-BRANDED PRODUCTS, THAT’S ACCORDING TO ITS NEW OWNER.
REGAL BRANDS GLOBAL ACQUIRED THE LORD & TAYLOR INTELLECTUAL PROPERTY IN SEPTEMBER AFTER ITS PREVIOUS OWNER, SAADIA GROUP — WHICH HAD RE-LAUNCHED THE CHAIN AS AN E-COMMERCE WEBSITE IN 20-21 — CEASED OPERATIONS.
REGAL BRANDS REPORTEDLY AIMS TO POSITION LORD & TAYLOR PRODUCTS TO COMPETE WITH OTHER HIGH-END RETAILERS SUCH AS SAKS FIFTH AVENUE AND NORDSTROM.
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