Lands' End

Thanks to some financial engineering, Sears Holdings overcame a double digit decline in same store sales to produce a second quarter profit or a less severe loss depending on the arithmetic used.

Lands' End is targeting all the shoppers who put "new uniforms" on their back-to-school lists this year with a brand new and improved uniform assortment.

Lands’ End Inc. reported profit and sales declines in the first quarter as the retailer grappled with West Coast port delays and headwinds from foreign exchange rates.

As more retailers look to offer curated merchandise to shoppers, Lands' End has launched a new microsite allowing customers to shop products selected by "guest editors".

Lands' End has added a digital component to its sponsorship of the White House Easter Egg Roll this year.

The retailer says this year's theme for the Easter Egg Roll is "#GimmeFive," which encourages Americans across the country to share five things on social media they are doing to eat better, be more active, and lead a healthier life, and supports the First Lady's Let's Move! initiative to help kids grow up healthy and have the opportunity to reach their full potential.

Separating itself from Sears Holdings a year ago has not helped Land’s End financial footing judging from the company’s fourth quarter profit and same store sales decline.

Land’s End sales declined 4.9% to $504.6 million and net income declined 28% to $33.1 million in the fourth quarter ended Jan. 30. Merchandise sales and services were negatively impacted by a $3.4 million product recall in the quarter that negatively impacted net income by $2.6 million.

Dodgeville, Wis. - Lands’ End Inc. has named fashion executive Federica Marchionni as CEO. Marchionni comes to Lands’ End from her role as president of Dolce&Gabbana USA Inc. She will succeed Edgar Huber, who is resigning from the company.

Marchionni has served as president at Lands’ End since 2011, overseeing the opening of several key stores, including the Fifth Avenue flagship store in New York City as well as stores in other markets including Toronto, Chicago, Aspen and Boston.  

Lands’ End, an apparel brand known for its casual style, may be looking to go in a more luxurious direction after announcing its new CEO.

The company said its new CEO will be Federica Marchionni, who was president of Dolce & Gabbana USA Inc. She will also join the company’s board. She will succeed Edgar Huber, who is resigning from the company on Feb. 17.

Huber led the retailer through its separation from Sears Holding Corp. in April as Sears sought to focus on its core assets.