Clothing brand Lands' End attributed a much-needed Q4 sales boost to Kohl's.

 

Clothing brand Lands' End attributed a much-needed Q4 sales boost to Kohl's.  Eight percent of the revenue boost reported by Lands' End for Q4 was generated by online platforms or Kohl's marketplace. Lands' End reported on Thursday that its revenue for Q4 fell by 4.6% YoY to $529.6M. The firm's global e-commerce revenue fell by 6.1% to $414.5M. Third-party revenue, which includes U.S. wholesales and sales on third-party marketplaces, jumped by 8% YoY to $39.2M. Lands' End posted a loss of $3.3M for Q4 after reporting net income of $7.1M for the same time last year.  The company noted that sales growth from marketplaces, including Kohl's and recently added Target, boosted its net third-party revenue by 37.5% YoY.