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Loewe S.A. (/ l oʊ ˈ ɛ v eɪ / loh-EV-ay, Spanish:, German:; stylized as LOEWE) is a Spanish luxury fashion house specialising in leather goods, clothing, perfumes and other fashion accessories. Founded in 1846 in Madrid , Loewe is part of LVMH since 1996, and is the oldest luxury fashion house of the holding.
While Rent the Runway focuses more on high-end, "event-driven" clothes, Le Tote mainly rented "everyday wear." [8] In late August 2019, Le Tote finalized an agreement with Hudson's Bay Company to buy the Lord & Taylor chain for C$99.5 million in cash on closing plus C$33.2 million two years later. HBC was to get a 25% equity stake in Le Tote. [9]
Raymond Loewy (/ ˈ l oʊ i / LOH-ee, French: [ʁɛmɔ̃ levi]; [2] November 5, 1893 – July 14, 1986) was a French-born American industrial designer who achieved fame for the magnitude of his design efforts across a variety of industries.