WHP Global Closes Lands’ End Deal
The licensing company that owns Lotto and a dozen other brands now owns a 50% stake in LE brand assets through a joint venture with the retailer. Lands’ End received $200 million in cash and an additional $100 million from a private placement of LE shares, and WHP acquired another $100 million in LE shares from existing shareholders through a ... Log in to view full article.
