Fashion Startup Le Tote Lays Off One-Third of Corporate Staff
Tote bags hang on display for sale at the Detroit Denim Co. store in Detroit, Michigan, U.S. (Photographer: Sean Proctor/Bloomberg)

Fashion Startup Le Tote Lays Off One-Third of Corporate Staff

(Bloomberg) -- Fashion rental service Le Tote is laying off about one-third of its corporate workforce as it tries to eke out a profit in the increasingly crowded world of subscription e-commerce.
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