Marketplaces, and in particular the marketplace run by Kohl’s, gave Lands’ End a rare lift in the fourth quarter.
The brand said that the 8% revenue boost in its third-party sales “was largely driven by sales growth in the Kohl’s marketplace and existing and new online marketplaces.”
For the full year, third-party net revenue rose 37.5% to $119 million, also primarily thanks to sales growth in marketplaces, including Kohl’s and recent additions like Target, the company said in its release.
Source: Retail Dive
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