[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.