0001564590-22-012621.txt : 20220330 0001564590-22-012621.hdr.sgml : 20220330 20220330163038 ACCESSION NUMBER: 0001564590-22-012621 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20220314 ITEM INFORMATION: Changes in Registrant's Certifying Accountant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20220330 DATE AS OF CHANGE: 20220330 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LANDS' END, INC. CENTRAL INDEX KEY: 0000799288 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 362512786 STATE OF INCORPORATION: DE FISCAL YEAR END: 0128 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-09769 FILM NUMBER: 22786901 BUSINESS ADDRESS: STREET 1: ONE LANDS' END LN CITY: DODGEVILLE STATE: WI ZIP: 53595 BUSINESS PHONE: 6089359341 MAIL ADDRESS: STREET 1: ONE LANDS' END LANE STREET 2: ONE LANDS' END LANE CITY: DODGEVILLE STATE: WI ZIP: 53595 FORMER COMPANY: FORMER CONFORMED NAME: LAND'S END, INC. DATE OF NAME CHANGE: 20140527 FORMER COMPANY: FORMER CONFORMED NAME: LAND'S END, INC DATE OF NAME CHANGE: 20140527 FORMER COMPANY: FORMER CONFORMED NAME: LANDS END INC DATE OF NAME CHANGE: 19920703 8-K/A 1 le-8ka_20220314.htm 8-K/A le-8ka_20220314.htm
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K/A

(Amendment No. 1)

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): March 14, 2022

 

 

LANDS' END, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

Delaware

 

001-09769

 

36-2512786

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

1 Lands’ End Lane

Dodgeville, Wisconsin

 

53595

(Address of principal executive offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (608935-9341

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01 per share

LE

The NASDAQ Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

          Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


 

Explanatory Note

 

This Form 8-K Amendment No. 1 (this “Amendment”) amends the Current Report on Form 8-K, dated March 14, 2022 (the “Original Form 8-K”), filed by Lands’ End, Inc. (the “Company”) with the U.S. Securities and Exchange Commission (the “SEC”) on March 18, 2022, in which the Company reported that the Audit Committee of the Board of Directors (the “Audit Committee”) of the Company approved the dismissal of Deloitte & Touche LLP (“Deloitte”), effective with the conclusion of the audit for the fiscal year ended January 28, 2022.  The Amendment is being filed to disclose the date on which the audit was completed and, therefore, the effective date of its dismissal, as well as to update paragraph (a) of the Original Form 8-K to include disclosure relating to the Company’s fiscal year ended January 28, 2022.

 

 

Item 4.01. Changes in Registrant’s Certifying Accountant.

 

(a)     Dismissal of independent registered public accounting firm.

 

The Audit Committee of the Company recently completed a process to determine which audit firm would serve as the Company’s independent registered public accounting firm, beginning with the fiscal year ending January 27, 2023. Deloitte, the Company’s independent registered public accounting firm for the fiscal year ended January 28, 2022 (“Fiscal 2021”) was invited to participate and participated in the process.  Deloitte has served as the Company’s independent registered public accounting firm since 2012.  On March 14, 2022, the Company, with the approval of the Audit Committee, notified Deloitte that Deloitte was being dismissed as the Company’s independent registered public accounting firm, effective with the conclusion of the audit for Fiscal 2021. The audit was completed, and Deloitte’s audit report was included in the Company’s Annual Report on Form 10-K for Fiscal 2021, on March 24, 2022.  

 

During the Company’s fiscal years ended January 29, 2021 and January 28, 2022 and through March 24, 2022, the date on which the Company filed its Annual Report on Form 10-K for Fiscal 2021, the Company has not had any disagreement with Deloitte on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreement, if not resolved to Deloitte’s satisfaction, would have caused Deloitte to make reference to the subject matter of the disagreement in their reports on the Company’s consolidated financial statements.  In addition, during the Company’s fiscal years ended January 29, 2021 and January 28, 2022 and through March 24, 2022, the date on which the Company filed its Annual Report on Form 10-K for Fiscal 2021, there were no “reportable events” as that term is defined in Item 304(a)(1)(v) of Regulation S-K. Deloitte’s reports on the Company’s consolidated financial statements as of and for the fiscal years ended January 29, 2021 and January 28, 2022 did not contain any adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.

 

The audit report for the fiscal year ended January 29, 2021 included an explanatory paragraph regarding the Company’s adoption of ASU No. 2016-02, Leases (Topic 842) as of February 2, 2019 using the modified retrospective method.

 

The Company provided Deloitte with a copy of this Amendment prior to its filing with the SEC and requested that Deloitte furnish it with a letter addressed to the SEC stating whether or not it agrees with the above statements in Item 4.01(a). A copy of Deloitte’s letter, dated March 30, 2022, is filed as Exhibit 16.1 to this Amendment.

 

 

Item 9.01 Financial Statements and Exhibits.

 

 

(d)   Exhibits

 

 

 

Exhibit Number

 

 

Exhibit Description

 

 

16.1

 

 

Letter to Securities and Exchange Commission from Deloitte & Touche LLP, dated March 30, 2022

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 


 

 

SIGNATURE

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

LANDS' END, INC.

 

 

 

Date: March 30, 2022

 

By:  /s/ James Gooch

 

 

Name: James Gooch

 

 

Title: President and Chief Financial Officer

 

 

 

 

 

EX-16.1 2 le-ex161_6.htm EX-16.1 le-ex161_6.htm

EXHIBIT 16.1

 

Deloitte.

 

 

Deloitte & Touche LLP

111 S. Wacker Drive

Chicago, IL 60606

USA

 

March 30, 2022

 

Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549-7561

 

Dear Sirs/Madams:

 

We have read Item 4 of Lands’ End, Inc.’s Form 8-K/A dated March 14, 2022, and to be filed on March 30, 2022, and we agree with the statements made therein.

 

Yours truly,

 

/s/ Deloitte & Touche LLP

 

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