LE
$13.52
Lands' End, Inc.
Intraday
Recent News
Lands’ End names first CMO in nearly a decade amid turnaround push
The appointment of Sarah Sylvester, who most recently led marketing for Victoria’s Secret, represents a renewed focus by the retailer on brand building.
Bullish Price Surprise: Is Lands’ End’s Licensing JV the Beginning of the End or a New Beginning?
The Wisconsin-based omnichannel retailer entered into a multifaceted joint venture with WHP Global, which allows Lands’ End to maintain control of its operations while strengthening its balance sheet. Is it too good to be true for the troubled company?
Land’s End, WHP announce agreement to form joint venture
Lands’ End and WHP Global announced an agreement to form a new joint venture to unlock the value of Lands’ End’s intellectual property while strengthening the Company’s balance sheet. The transaction delivers $300 million of gross cash proceeds to Lands’ End. To create the JV, Lands’ End will contribute all of its intellectual property and related assets associated with the “Lands’ End” brand, including all of the license agreements entered into in connection with Lands’ End’s licensing business
Lands’ End forms IP joint venture with WHP Global
US clothing brand Lands’ End will receive $300m and repay debt under a new joint venture with WHP Global that shifts its intellectual property into a licensing-led growth model.
Lands' End Breaks Out On This Major Deal. Why Investors Need To Wait.
The company announced a joint venture with consumer brands firm WHP Global that gives Lands' End a cash infusion and could drive expansion of the brand.