{"id":823017,"date":"2025-03-07T07:33:38","date_gmt":"2025-03-07T12:33:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/"},"modified":"2025-03-07T07:33:38","modified_gmt":"2025-03-07T12:33:38","slug":"lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/","title":{"rendered":"Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">DODGEVILLE, Wis., March  07, 2025  (GLOBE NEWSWIRE) &#8212; \u00a0Lands&#8217; End, Inc. (NASDAQ: LE), today announced that its Board of Directors has initiated a process to explore strategic alternatives, including a sale, merger or similar transaction involving the Company, to maximize shareholder value.<\/p>\n<p>\u201cLands\u2019 End is a classic American lifestyle brand \u2013 and the Company\u2019s strategy and execution have delivered significant operational and financial improvements,\u201d said Josephine Linden, Chair of the Board. \u201cWhile we remain confident in the Company\u2019s potential for future value creation, the Board also believes that the market is undervaluing this great Company and its upside potential.\u201d<\/p>\n<p>Linden continued, \u201cAs a result, in consultation with the Board\u2019s legal and financial advisors, we have determined it is an appropriate time to explore strategic alternatives to maximize shareholder value. We are committed to conducting a rigorous process to best serve the interests of all Lands\u2019 End shareholders.\u201d<\/p>\n<p>No assurances can be given as to the outcome or timing of the Board\u2019s process. The Company does not intend to make any further public comment regarding the process until it determines that disclosure is appropriate.<\/p>\n<p>Perella Weinberg Partners serves as Lands\u2019 End\u2019s financial advisor and Wachtell, Lipton, Rosen &amp; Katz serves as Lands\u2019 End\u2019s legal advisor.<\/p>\n<p>\n        <strong>About Lands&#8217; End, Inc.<\/strong><br \/>\n        <br \/>Lands\u2019 End, Inc. (NASDAQ:LE) is a leading digital retailer of solution-based apparel, swimwear, outerwear, accessories, footwear, home products and uniforms. Lands\u2019 End offers products online at www.landsend.com, through third-party distribution channels, our own Company Operated stores and third-party license agreements. Lands\u2019 End also offers products to businesses and schools, for their employees and students, through the Outfitters distribution channel. Lands\u2019 End is a classic American lifestyle brand that creates solutions for life\u2019s every journey.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>This press release contains forward-looking statements that involve risks and uncertainties. These risks and uncertainties include, but are not limited to, the outcome and timing of the strategic alternatives process, which may be suspended or modified at any time; the possibility that the Board of Directors may decide not to undertake a sale or particular strategic transaction following such process; the Company\u2019s inability to consummate any proposed strategic alternative resulting from the process due to, among other things, market, regulatory or other factors; the potential for disruption to our business resulting from the process; potential adverse effects on our stock price from the announcement, and suspension or consummation of the process. See also the risks, uncertainties and factors discussed in the \u201cRisk Factors\u201d section of the Company\u2019s Annual Report on Form 10-K for the fiscal year ended February 2, 2024, filed with the Securities and Exchange Commission on April 3, 2024, for important factors and uncertainties which, among others, could cause actual results to differ materially from those described in these forward-looking statements. The Company intends the forward-looking statements to speak only as of the time made and does not undertake to update or revise them as more information becomes available, except as required by law.<\/p>\n<p>\n        <strong>CONTACTS<\/strong>\n      <\/p>\n<p>Lands\u2019 End, Inc.<br \/>Bernard McCracken<br \/>Chief Financial Officer<br \/>(608) 935-4100<\/p>\n<p>Investor Relations:<br \/>ICR, Inc.<br \/>Tom Filandro<br \/>(646) 277-1235<br \/>Tom.Filandro@icrinc.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>Media:<br \/>FGS Global<br \/>Andy Duberstein\/Hayley Cook<br \/>LandsEnd@fgsglobal.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM5MDY3MiM2Nzk1MzM2IzIwMDM4OTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YzZjYzM3YWMtNjY0ZC00ZjQxLTgzYmUtNGE1YmVjZjE5OWNhLTEwMTU0NjQ=\/tiny\/Lands-End-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>DODGEVILLE, Wis., March 07, 2025 (GLOBE NEWSWIRE) &#8212; \u00a0Lands&#8217; End, Inc. (NASDAQ: LE), today announced that its Board of Directors has initiated a process to explore strategic alternatives, including a sale, merger or similar transaction involving the Company, to maximize shareholder value. \u201cLands\u2019 End is a classic American lifestyle brand \u2013 and the Company\u2019s strategy and execution have delivered significant operational and financial improvements,\u201d said Josephine Linden, Chair of the Board. \u201cWhile we remain confident in the Company\u2019s potential for future value creation, the Board also believes that the market is undervaluing this great Company and its upside potential.\u201d Linden continued, \u201cAs a result, in consultation with the Board\u2019s legal and financial advisors, we have determined it is an appropriate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-823017","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DODGEVILLE, Wis., March 07, 2025 (GLOBE NEWSWIRE) &#8212; \u00a0Lands&#8217; End, Inc. (NASDAQ: LE), today announced that its Board of Directors has initiated a process to explore strategic alternatives, including a sale, merger or similar transaction involving the Company, to maximize shareholder value. \u201cLands\u2019 End is a classic American lifestyle brand \u2013 and the Company\u2019s strategy and execution have delivered significant operational and financial improvements,\u201d said Josephine Linden, Chair of the Board. \u201cWhile we remain confident in the Company\u2019s potential for future value creation, the Board also believes that the market is undervaluing this great Company and its upside potential.\u201d Linden continued, \u201cAs a result, in consultation with the Board\u2019s legal and financial advisors, we have determined it is an appropriate &hellip; Continue reading &quot;Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-07T12:33:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM5MDY3MiM2Nzk1MzM2IzIwMDM4OTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value\",\"datePublished\":\"2025-03-07T12:33:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\\\/\"},\"wordCount\":534,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM5MDY3MiM2Nzk1MzM2IzIwMDM4OTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\\\/\",\"name\":\"Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value - 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(NASDAQ: LE), today announced that its Board of Directors has initiated a process to explore strategic alternatives, including a sale, merger or similar transaction involving the Company, to maximize shareholder value. \u201cLands\u2019 End is a classic American lifestyle brand \u2013 and the Company\u2019s strategy and execution have delivered significant operational and financial improvements,\u201d said Josephine Linden, Chair of the Board. \u201cWhile we remain confident in the Company\u2019s potential for future value creation, the Board also believes that the market is undervaluing this great Company and its upside potential.\u201d Linden continued, \u201cAs a result, in consultation with the Board\u2019s legal and financial advisors, we have determined it is an appropriate &hellip; Continue reading \"Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-07T12:33:38+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM5MDY3MiM2Nzk1MzM2IzIwMDM4OTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value","datePublished":"2025-03-07T12:33:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/"},"wordCount":534,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM5MDY3MiM2Nzk1MzM2IzIwMDM4OTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/lands-end-board-of-directors-initiates-process-to-maximize-shareholder-value\/","name":"Lands\u2019 End Board of Directors Initiates Process to Maximize Shareholder Value - 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