I know you’re wondering, so let’s get this out of the way: it’s loo-kow-thow-ee. You only have to say the name once though, when you’re looking for it at the nursery, and then you can call it anything you like. “That gorgeous variegated thing” is what most people call it. Andrew of Garden Smackdown suggests “Lew”.
Whatever. It’s low-maintenance, very deer-resistant, and seems to be happy in a wide range of light conditions from full sun to shade as long as it’s given regular water, acid soil, and a thick layer of mulch to keep its roots cool.
It’s hardy in USDA Zones 5-9 and gets about 3-5 feet tall. I’ve seen suggestions that you can keep it pruned to as low as 18″ (they do spring back fine from hard pruning), but to me the nicest thing about this plant is that loosely drooping habit. You want something you can shear, get a boxwood, ya know?
I think it looks best with other woodland plants, or Japanese plants like Cryptomeria and Japanese Maples (you can see it above with ‘Rozanne’ Hardy Cranesbill and ‘Villa Taranto’ Japanese Maple).
Have you planted Rainbow Leucothoe? What do you pair it with?