For the first quarter, net revenue at Lands’ End, Inc. was 321.3 million dollars, an increase of 48.1 percent from the first quarter of fiscal 2020 and an increase of 22.4 percent from the first quarter of fiscal 2019.
Commenting on the first quarter trading, Jerome Griffith, the company’s chief executive officer, stated: “Our global ecommerce business is stronger than ever as we continued to execute our digitally led product and marketing strategies while the recovery in Outfitters is occurring at a faster pace than we expected.”
Highlights of Land’s End’s Q1 performance
The company’s global ecommerce net revenue was 260 million dollars, an increase of 44.4 percent from the first quarter of fiscal 2020 and an increase of 25.5 percent from the first quarter of fiscal 2019. Compared to the first quarter of last year, the company said, U.S. ecommerce increased 46.6 percent and international ecommerce grew 37 percent.
The company added that Outfitters net revenue was 40.7 million dollars, an increase of 27.9 percent from the first quarter of fiscal 2020 and a…
