Lands’ End’s return to its roots helped the bottom line.
The all-American brand is planning a rollout of freestanding stores and emphasizing core products.
The American casual brand is looking to open 40 to 50 stores over five years, and grow sales to between $1.8 billion to $2 billion in the same period.
Industry observers say fashion is contributing to retailers’ holiday gains, so far.
Moody’s looked at issuers having a credit rating of “B2” or “B3.”
Companies that have transferred assets include J. Crew, Neiman Marcus and Claire’s Stores.