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...
6 Jun 2024
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...
28 Mar 2024
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...
15 Sept 2023
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: “...
1 Sept 2023
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,...
16 Mar 2023
Lands’ End, Inc. has announced executive leadership appointments and organisational changes, which will take effect at the start of Lands’ End’s next fiscal year, beginning January 28, 2023. Commenting on the development, the company’s chief executive officer-designate Andrew McLean stated in a release: “As we embark on the next phase of growth...
5 Jan 2023
US fashion and home decor retailer Lands' End has cut its guidance for the current year after falling into the red in the third quarter. The company swung to a net loss of 4.7 million dollars in the three months to October 28 from a profit of 7.4 million dollars the prior year. Gross margin decreased approximately 440 basis points to 40 percent...
2 Dec 2022
Andrew McLean, president, international of American Eagle Outfitters (AEO), will join Lands’ End Inc. as CEO-designate and as a member of the board of directors on November 1, 2022. McLean, 53, Land’s End said in a statement, will assume the role of CEO following the planned retirement of Jerome Griffith, 64, at the conclusion of the company’s...
12 Sept 2022
US fashion retailer Lands’ End has lowered its full-year guidance amid supply chain disruption. It comes as the company swung to a second-quarter loss and posted a decrease in revenue, though both results were better than expected. In the three months to July 29, Lands’ End reported an 8.6 percent drop in revenue to 351.2 million dollars. Global...
1 Sept 2022
For the first quarter, net revenue at Land’s End Inc. decreased 17.3 percent to 217 million dollars due to decreased demand attributable to the Covid-19 pandemic. The company said in a statement that net revenue grew 11.1 percent in February 2020 compared to prior year, reflecting strong performances across all business units, while U.S....
2 Jun 2020
Lands' End has announced its second collection created in partnership with New York-based menswear label Rowing Blazers. The limited-edition collection features unisex pieces that join Lands' End's timeless American aesthetic with Rowing Blazers' modern take on classic staples. Pieces include popular favorites such as a water-resistant...
9 Apr 2020
Lands' End is looking ahead to summer. The casual clothing brand has unveiled a new collaboration with Draper James, the lifestyle brand founded by actress Reese Witherspoon. The two brands have partnered on a limited-edition women's swimwear collection that brings together Lands' End classic design and swim expertise with Draper James'...
20 Mar 2020