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Segment Reporting
6 Months Ended
Jul. 28, 2023
Segment Reporting [Abstract]  
Segment Reporting

NOTE 13. SEGMENT REPORTING

 

For the 26 weeks ended July 28, 2023, the Company’s operating segments consisted of: U.S. eCommerce, Europe eCommerce, Outfitters, Third Party and Retail. During the 26 weeks ended July 29, 2022, the Company’s operating segments included Japan eCommerce. See Note 9, Lands’ End Japan Closing.

 

The Company determined that each of the operating segments have similar economic and other qualitative characteristics, thus the results of the operating segments are aggregated into one external reportable segment.

 

Lands’ End identifies five separate distribution channels for revenue reporting purposes:

 

U.S. eCommerce offers products through the Company’s eCommerce website.

 

International offers products primarily to consumers located in Europe and through eCommerce international websites and third-party affiliates.

 

Outfitters sells uniform and logo apparel to businesses and their employees, as well as to student households through school relationships, located primarily in the U.S.

 

Third Party sells the same products as U.S. eCommerce but direct to consumers through third-party marketplace websites and through domestic wholesale customers.

 

Retail sells products through Company Operated stores.

 

Net revenue is presented by distribution channel in the following tables:

 

 

 

13 Weeks Ended

 

% of Net

 

 

13 Weeks Ended

 

% of Net

 

(in thousands)

 

July 28, 2023

 

Revenue

 

 

July 29, 2022

 

Revenue

 

Net revenue:

 

 

 

 

 

 

 

 

 

 

U.S. eCommerce

 

$

195,921

 

 

60.6

%

 

$

203,288

 

 

57.9

%

International (1)

 

 

22,818

 

 

7.1

%

 

 

36,373

 

 

10.4

%

Outfitters

 

 

67,984

 

 

21.0

%

 

 

70,669

 

 

20.1

%

Third Party

 

 

24,395

 

 

7.5

%

 

 

27,290

 

 

7.8

%

Retail

 

 

12,245

 

 

3.8

%

 

 

13,558

 

 

3.9

%

Total Net revenue

 

$

323,363

 

 

 

 

$

351,178

 

 

 

 

 

 

26 Weeks Ended

 

% of Net

 

 

26 Weeks Ended

 

% of Net

 

(in thousands)

 

July 28, 2023

 

Revenue

 

 

July 29, 2022

 

Revenue

 

Net revenue:

 

 

 

 

 

 

 

 

 

 

U.S. eCommerce

 

$

373,623

 

 

59.0

%

 

$

378,181

 

 

57.8

%

International (1)

 

 

48,210

 

 

7.6

%

 

 

80,551

 

 

12.3

%

Outfitters

 

 

141,953

 

 

22.4

%

 

 

124,631

 

 

19.0

%

Third Party

 

 

47,384

 

 

7.5

%

 

 

48,932

 

 

7.5

%

Retail

 

 

21,751

 

 

3.4

%

 

 

22,548

 

 

3.4

%

Total Net revenue

 

$

632,921

 

 

 

 

$

654,843

 

 

 

(1)
The 13 weeks and 26 weeks ended July 29, 2022 includes Net revenue of $7.6 million and $16.1 million, respectively, from the Japan eCommerce distribution channel. See Note 9, Lands’ End Japan Closing.