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Lands' End Presentation - Michael Page

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1<br />

WELCOME TO<br />

OUR STORY


Lands’ <strong>End</strong> is a global multi-channel retailer designing and selling American classically styled clothes with a great story to tell. Since 1963, Lands’<strong>End</strong> have earned a reputation for quality clothing, being a great place to work and providing the<br />

best customer service in the industry.<br />

The company is headquartered in Wisconsin with global sales of £1 billion and is led by Edgar Huber who was named CEO & President in August 2011. In 2002, Lands’ <strong>End</strong> was acquired by Sears Holding Corporation and we form part of the<br />

Sears group. Outside of America the company has 3 landed locations; UK, Germany & Japan.<br />

The current product range includes Women’s, Men’s, Kids, Footwear, Outerwear, Cold Weather Accessories, Sleepwear, and Swimwear. A new, more fashion sensitive, range sub-branded as ‘Canvas’ will be available to the international<br />

markets. As part of Lands’<strong>End</strong> strategy to develop retail partnerships Lands’ <strong>End</strong> also appears on Debenhams & House of Fraser websites.<br />

Following an exciting development Lands’<strong>End</strong> have decided to centralise its European business to the UK which will create a new extended European Merchandise and Planning team. Lands’ <strong>End</strong> Europe is a £225m business operating primarily<br />

through direct channels - monthly catalogues and country specific websites.<br />

This team will be headed by the European Product Director:<br />

2


The Planners need to operate as a close partner to the merchandisers but also be independent in their own assessment of what performs well and what doesn’t and challenge the Merchandisers thinking in order to create the best possible range<br />

plan. Planners will communicate the buys and need to keep a track of product or vendor issues. In Lands’ <strong>End</strong> the vendors are managed by the Sourcing Team in order to have one point of contact and reduce issues with cross-communication.<br />

The Planners will do all their vendor communication via the Sourcing team and have them manage our needs, so creating strong relations and frequent communication is key to keeping on top of any issues.<br />

Within Lands’ <strong>End</strong> the US Sourcing Team undertake travel to vendors and the Merchandisers have competitor shopping as part of their role.<br />

This is a great opportunity to be part of a new team who have a high business impact and to create the processes and plans to drive Lands’<strong>End</strong>s European growth. The remainder of this candidate pack will give addition insight in to Lands’<strong>End</strong><br />

history, product proposition, and job description.<br />

3


4<br />

OUR VISION<br />

At Lands’ <strong>End</strong>, our passions have always defined our products<br />

From our humble beginnings right through the present day, we have always<br />

been passionate about every single item we put our name on. We’re dedicated<br />

to creating and inspiring, to translating our experiences into our products. This<br />

dedication has also shaped our vision:<br />

„to be a beacon for what‟s real‟. Real people. Real value. Real difference.<br />

It’s what keeps us focused on delivering quality, value and service to each<br />

customer we touch.<br />

And it’s why we’ll stand behind everything we sell with a clear and simple<br />

promise of satisfaction:<br />

Quality. Guaranteed. No ifs, no buts, no problem.<br />

A statement that means the world to us. And to our customers.


5<br />

OUR HISTORY<br />

In 1963, Gary Comer started Lands’ <strong>End</strong> as a supplier of sailboat equipment<br />

for racing sailors. Located in Chicago’s tannery district, the storefront shop<br />

also featured a mail-order operation in the basement. It was during this era<br />

that the unique spelling of Lands’ <strong>End</strong> came to be, courtesy of a typo in the very<br />

first catalogue. The company began to grow, thanks to the 32-page quarterly<br />

catalogues, and soon moved to a larger location on Chicago’s Elston Avenue.<br />

In 1977, the merchandise focus began moving away from sailing supplies to<br />

clothing, and in the next year the company began a migration to Dodgeville. By<br />

the late 1980’s the entire operation had moved to Wisconsin.<br />

At the time, Comer wrote:<br />

“Our basic premise for winning customers is little different today than when<br />

we started. Sell only things we believe in, ship every order the day it arrives,<br />

unconditionally guarantee everything. That was and still is, the platform.”<br />

The 1990’s saw Lands’ <strong>End</strong> expand internationally, first to the United Kingdom,<br />

then to Japan and Germany. During the same period we started our Business<br />

Outfitters division. In 1995 , another example of the company’s innovative spirit<br />

was demonstrated as landsend.com was launched, and we became one of the first<br />

companies in the US with an e-commerce site.<br />

Growth continued as we entered the new millennium and in 2002 we were able<br />

to significantly expand our retail channel potential when we joined the Sears<br />

family. With the opening of the Lands’ <strong>End</strong> Shop at Sears, our customers now<br />

have the ability to see, touch and try on our products near their homes. We further<br />

expanded internationally in 2009, with our move into France and Austria.<br />

Looking ahead, the growth potential for the brand is almost unlimited. By staying<br />

true to our heritage and maintaining our focus on the customer, we firmly believe<br />

that we can achieve our goal of becoming a $5billion global lifestyle brand in the<br />

very near future.


6<br />

TIMELINE<br />

1963 Lands’ <strong>End</strong> founded<br />

1977 Our first real clothing catalogue published<br />

1980 We move to Dodgeville from Chicago<br />

1987 First Kids’ clothing offered<br />

1990 Three specialty catalogues launched: Men, Home and Kids<br />

1991 Lands’ <strong>End</strong> launches in the United Kingdom<br />

1 1993 First Lands’ <strong>End</strong> Business Outfitters (LEBO) catalogue mailed<br />

1 1994 Lands’ <strong>End</strong> launches in Japan<br />

1 1995 Landsend.com launched<br />

1 1996 Lands’ <strong>End</strong> launches in Germany<br />

2 2002 Acquired by Sears<br />

2 2005 Merged into Sears Holdings Corporation<br />

2 2005 Launch of Lands’ <strong>End</strong> shops at Sears<br />

2 2009 Lands’ <strong>End</strong> launches in Austria and France<br />

2009 Launch of Lands’ <strong>End</strong> Canvas


“History is fine as far as it goes. But we think the<br />

WELCOME<br />

TO LANDS’ END<br />

Lands’ <strong>End</strong> is a company – and an employer – with a great heritage, founded on a<br />

principle that aims to provide the highest level of service and unparalleled quality.<br />

“Take care of our employees, let our employees take care of our customers, and the rest<br />

will take care of itself”.<br />

These simple, yet powerful words have remained at our core since we first opened our doors<br />

in 1963. Join Lands’ <strong>End</strong> and you join a company where you will feel valued, encouraged and<br />

inspired. A company where you feel you make a difference.<br />

We recognise that personal development, job satisfaction and a realistic work/life balance<br />

all have a positive impact on the wellbeing of our employees. This is something we take very<br />

seriously, and is reflected in the benefits that come with working for Lands’ <strong>End</strong>.<br />

7


8<br />

AMERICAN HERITAGE<br />

& AUTHENTICITY


9<br />

INTERNATIONAL<br />

Lands’ <strong>End</strong> has a strong history of international growth:<br />

1991 UK<br />

1994 Japan<br />

1996 Germany<br />

2009 France<br />

2009 Austria<br />

UK Japan Germany France Austria


1<br />

0<br />

OUR LOYAL<br />

CUSTOMER<br />

Confident. Involved. Educated. Family focused.<br />

These are just a few of the qualities we find in our customers. They don’t need<br />

labels to make their statement. Personal style comes from versatile, classic pieces<br />

that can be put together effortlessly. More importantly, they are always value<br />

conscious and demanding quality in the clothing they wear. We make sure to keep<br />

these traits top of mind, to bring customers the ideal combination of style and<br />

substance, familiarity and surprise.


9<br />

LANDS’ END<br />

STYLE


10<br />

ESTABLISHED<br />

WOMENSWEAR<br />

& MENSWEAR<br />

BUSINESS


11<br />

UK CHILDSWEAR<br />

LAUNCH 2010


12<br />

EXTENDED SIZES<br />

PLUS – PETITE – TALL


13<br />

For further information please contact:<br />

Lauren Booth or Graham Lucas<br />

Buying and Merchandising<br />

Tel:<br />

0161 828 6294<br />

Email:<br />

Laurenbooth@michaelpage.com<br />

Grahamlucas@michaelpage.com<br />

mailto:grahamlucas@michaelpage.com

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