Land’s End news and archive

Lands’ End appoints new Chief Product Officer and VP of Public Relations

Casual fashion retailer Lands’ End has announced two changes in its executive team. Senior Vice President of Design Chieh Tsai has been appointed to the newly-created position of Chief Product Officer. He is tasked with overseeing all design, merchandising, and global sourcing activities. "Chieh's design vision has enabled us to confidently go...

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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...

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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...

Retail

Lands' End opens second store in New Jersey

Lands' End is expanding their retail footprint with a new store in Northern New Jersey at The Outlets at Bergen Town Center in Paramus. The new store opens in time for the holidays (the highest retail traffic time of the year), and offers the iconic brand's apparel, outerwear and holiday gifts for men, women, and kids. The Grand Opening...

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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...

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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...

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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'...

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Management|ANALYSIS

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,...

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Management

Lands' End posts 11.3 percent rise in Q4 net revenue

Lands' End, Inc. net revenue for the fourth quarter increased 11.3 percent to 510.6 million dollars, which includes 25.9 million dollars from the 53rd week. Same store sales on a comparable 13-week basis increased 5 percent. Net revenue for fiscal 2017 increased 5.3 percent to 1.41 billion dollars, which includes 25.9 million dollars from the...

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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...

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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...

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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...