How a group of women investors saved M.M. LaFleur from the brink of collapse

Sarah LaFleur, cofounder and CEO of workwear brand M.M. LaFleur, is no stranger to crisis. During the pandemic, when women stopped buying suits and shift dresses, sales dropped by 50%. LaFleur worked to save her business by shuttering its 11 stores and redesigning its garments for the work-from-home era. By this year, M.M. LaFleur was back in the black, and it had eight profitable stores up-and-running. Before she could celebrate this win, however, another crisis hit. The company’s...