Lacoste Keeps Expanding Their Selection Of Masks

As the Covid-19 crisis drags on and on and on, Lacoste keeps expanding their selection of masks in their mask store.Lacoste Masks As Lacoste puts it, “A new essential for the day-to-day. These masks in washable cotton ensure protection for all. No matter where you’re heading.”  And, for each mask sold, Lacoste donates $3.50 to the Lacoste Fund to “support its social solidarity actions for a more responsible future.”  See more at the Lacoste Mask Store.

Lacoste Releases “Merci Lacoste” Polo Shirt To Raise Money For Covid-19

Update: You can buy the Merci Lacoste shirt now. Just click here!

Novak Djokovic And two other Lacoste tennis stars thanked COVID-19 workers in an Instagram post that announced that all the revenue from a new polo shirt called the “Merci Polo” would be donated to partners fighting COVID-19 including the Red Cross and Red Crescent. The “Merci Polo” has a red heart embroidered around the Lacoste Logo, and can be bought starting on June 1, 2020. See the Instagram post below:

 

You can read more coverage a Footwear News, Women’s Wear Daily, High Snobiety or  Republic World

Lacoste is Attempting To Renegotiate Its Real Estate Leases In the United States

Lacoste Store WindowAccording to the Real Deal which covers New York City real estate issue, Lacoste is attempting to renegotiate its retail leases in the United States:

Earlier this month, Lacoste USA’s chief financial officer Karine Sansot-Vincent sent a letter to its landlords announcing that it would seek to renegotiate leases as reducing costs would be “vital” to its “ability to be a viable company in the future.”

The letter, seen by The Real Deal, notes that the company has retained restructuring counsel at law firm Arent Fox and real estate advisory firm Keen-Summit Capital Partners to lead the restructuring of its leases with landlords across the country.

In the letter, Sansot-Vincent wrote that due to Covid-19 closures, “The existing retail business model is no longer sustainable. The essential purpose of our retail leases has been totally frustrated.”

Read more at the Real Deal.