Land’s End news and archive

Lands' End elevates Chieh Tsai to Chief Product Officer

Lands' End, Inc., has appointed Chieh Tsai, the company's current senior vice president of design, to the newly-created position of chief product officer as its next step in continuing to refine the company's signature look and feel. In this new role, the company said, Tsai will oversee all design, merchandising, and global sourcing activities...

Report

Land's End reports sixth consecutive quarter of sales growth

Lands' End, Inc. reported net revenue for the third quarter increased by 4.9 percent to 341.6 million dollars from 325.5 million dollars in the third quarter last year. Same store sales increased by 11.8 percent overall, with US company operated stores increasing by 15.1 percent and same store sales in Lands’ End Shops at Sears increasing by...

Report

Land's End Q2 net loss widens, same-store sales drop 5.8 percent

Net revenue for the second quarter at Lands' End, Inc. increased 1.9 percent to 307.9 million dollars. The company said in a statement that direct segment net revenue increased 6.4 percent to 276.6 million dollars, while retail segment net revenue decreased 25.8 percent to 31.3 million dollars, primarily attributable to the reduction of 57 of...

Report

Land’s End elects Maureen Mullen to its board of directors

Lands' End, Inc. has announced the election of Maureen Mullen, Co-Founder & Chief Strategy Officer of L2 Inc., to the Lands' End board of directors. L2 Inc. is a member based business intelligence business that benchmarks the digital, omnichannel and e-commerce competence of the world’s leading consumer brands and retailers through its...

Report

Land's End reports 11.7 percent increase in Q1 net revenue

Lands' End, Inc. reported net revenue for the first quarter ended May 4, 2018 of 299.8 million dollars, an increase of 11.7 percent compared to the first quarter last year. Direct segment net revenue increased 19.7 percent to 273.4 million dollars, while retail segment net revenue decreased 34 percent to 26.5 million dollars due to fewer Lands'...

Management|ANALYSIS Featured

Sears’ shutting down, not the end for Land’s End

U.S. apparel brand Lands' End Inc. (LE) noted a 26.11 percent increase in stock’s value right after posting 39.8 million dollars profit, or 1.24 dollars a share for its fiscal fourth quarter. These compare against a loss of 94.8 million dollars, or 2.96 dollars a share, in the same period a year ago. Lands’ End closed out 2017 on an upbeat note,...

Report

Land’s End posts 4.5 percent increase in Q3 net revenue

Lands' End net revenue for the third quarter increased 4.5 percent to 325.5 million dollars. The company’s direct segment net revenue increased 6.7 percent to 290.3 million dollars, while retail segment net revenue decreased 10.8 percent to 35.1 million dollars, which the company said was due to fewer Lands' End Shops at Sears. Same store sales...

Report

Land’s End announces two new executive appointments

Lands’ End has announced the appointment of two new leadership roles. The company has hired Gill Hong as Executive Vice President, Chief Merchandising Officer and Head of International for Lands’ End and Sarah Rasmusen as Senior Vice President of ecommerce. Both senior positions will report directly to Jerome Griffith, CEO. “Gill’s extensive...

Report

Land’s End Q2 same-store sales up 3.8 percent

Lands' End net revenue for the second quarter was 302.2 million dollars compared to 292 million dollars in the second quarter last year. Direct segment net revenue increased 5.5 percent to 259.9 million dollars against the same period last year. Retail segment net revenue decreased 7.4 percent to 42.2 million dollars due to fewer Lands' End...

Report

Land's End Q1 revenues drop, same-store sales rise 2.1 percent

Lands' End net revenues for the first quarter ended April 28, 2017 were 268.4 million dollars compared to 273.4 million dollars in the first quarter last year. Direct segment net revenue decreased 1.7 percent to 228.3 million dollars, while retail segment net revenue decreased 2.8 percent to 40 million dollars, which the company said were...

ManagementFeatured

Land’s End FY16 net loss widens to 3.43 dollars per share

Lands' End net revenue for fourth quarter was 458.8 million dollars compared to 473.5 million dollars in the fourth quarter last year. Net loss was 94.8 million dollars or 2.96 dollars per share, compared to 39.5 million dollars or 1.23 dollars per share in the fourth quarter of fiscal 2015. Net revenue for fiscal 2016 was 1.34 billion dollars...

Report

Jarome Griffith takes over as the new CEO of Land's End

Lands' End has appointed Jerome Griffith to be the company's next Chief Executive Officer. He most recently served as president and CEO of Tumi Holdings. Griffith will also join the Lands' End Board of Directors. Commenting on Griffith’s appointment, Josephine Linden, Chairman of the Board of Lands' End, said in the company announcement, "We are...