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Lands End news and archive

Fashion |In Pictures

Lands’ End taps four LFW designers to reimagine its tote bag

American retailer Lands’ End has unveiled a collaboration with four London-based designers, Labrum, Talia Byre, Ashish and Priya Ahluwalia, ahead of London Fashion Week, which kicks off on February 19. Lands’ End tapped the LFW designers to reimagine its signature canvas tote bag “through their own distinctive creative lens,” to raise funds for...

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Business

Lands’ End and WHP Global form joint venture to leverage intellectual property

US-based digital retailer Lands’ End (Lands’ End) has entered into a definitive agreement with New York-based brand management firm WHP Global (WHP Global) to form a new joint venture. The partnership is designed to unlock the value of the Lands’ End intellectual property while significantly strengthening the retail company’s balance sheet....

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Authentic Brands & WHP Global reportedly bid for Lands' End

Brand management firms WHP Global and Authentic Brands Group have reportedly placed separate bids to acquire American apparel retailer Lands' End this week, according to a report from Reuters. The news comes three months after Lands' End Board of Directors indicated that it was exploring "strategic alternatives" for the future of the brand,...

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Despite sales decline, Lands' End returns to profitability in FY2024/25

US apparel retailer Lands' End Inc. returned to profitability in fiscal year 2024/25, thanks in no small part to a solid final quarter. CEO Andrew McLean praised the company's "strong finish," noting that the past year had been characterised by "positive momentum" across all areas. Overall, the apparel provider met its own expectations with the...

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Lands' End mulls potential sale upon launch of strategic review

Lands' End has said that it is exploring strategic alternatives, including a potential sale of the business, as it looks to maximise shareholder value. The company’s board of directors launched a review today, March 7, and while it stated that no assurances could be given to the outcome, a sale, merger or similar transaction were on the table....

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Management

Lands’ End Q1 revenues decline, net loss widens

For the first quarter, Lands’ End GMV increased low single digits, while net revenue decreased 7.8 percent to 285.5 million dollars. The company said in a release that excluding the 26.9 million dollars in revenue from the conclusion of the Delta Air Lines business, net revenue increased 1 percent. Lands’ End ecommerce net revenue was 195.5...

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Lands'​ End reduces corporate workforce by 10 percent

Lifestyle retailer Lands’ End has laid off 10 percent of its corporate employees. Chief financial officer Bernie McCracken revealed during the retailer’s fourth-quarter earning calls last Wednesday that the company had “executed a high single-digit percent reduction in corporate headcount in January.” "We determined that creating a flatter, more...

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Management

Lands’ End Q4 and FY23 revenues decline

Lands’ End reported fourth quarter net revenue decreased 2.8 percent to 514.9 million dollars compared to the fourth quarter of fiscal 2022. For the fiscal year 2023, the company’s net revenue decreased 5.3 percent to 1.47 million dollars. Commenting on the results, Andrew McLean, the company’s CEO, stated: “We pursued our solutions-based...

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Report

Lands' End names Bernard McCracken CFO

American lifestyle brand Lands’ End has announced the appointment of Bernard McCracken as the company’s chief financial officer, a role he had previously held in an interim position. Alongside being interim CFO since January 2023, McCracken had also served in the role of Lands’ End’s chief accounting officer since April 2014. The selection came...

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Management

Lands’ End Q2 loss widens, revenues drop

Lands’ End, Inc. second quarter net revenue decreased 7.9 percent to 323.3 million dollars. The company’s net loss widened to 8 million dollars or 25 cents loss per diluted share and adjusted EBITDA remained flat at 15.8 million dollars. Commenting on the trading update, Andrew McLean, the company’s chief executive officer, said in a release: “...

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Recover and Lands’ End collaborate to transform textile waste into sustainable denim

Lands’ End, the classic American lifestyle brand, has collaborated with global recycled cotton fiber producers, Recover, to launch a low-impact denim collection using recycled fiber. The two companies have partnered together to develop sustainable denim pieces, in timeless styles for both men and women, and all of which contain 20% of Recover’s...

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Management

Lands’ End reports loss, revenues decrease

Lands’ End, Inc. reported fourth quarter net revenue decreased 4.6 percent to 529.6 million dollars, For the fiscal year, net revenue decreased 5 percent to 1.56 billion dollars. Global ecommerce net revenue decreased 10.1 percent to 1.1 billion dollars for the fiscal year. Commenting on the fourth quarter and full year trading, Andrew McLean,...

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