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Segment Reporting
 12 Months Ended
Jan. 27, 2023
Segment Reporting [Abstract]  
Segment Reporting

NOTE 14. SEGMENT REPORTING

During Fiscal 2022, the Company’s operating segments consisted of U.S. eCommerce, Europe eCommerce, Japan eCommerce (see Note 8, Lands’ End Japan Closure), Outfitters, Third Party and Retail. The Company determined that each of the operating segments have similar economic and other qualitative characteristics, thus the results of the operating segments are aggregated into one external reportable segment.

Landsʼ End identifies five separate distribution channels for revenue reporting purposes:

•
U.S. eCommerce offers products through the Company’s eCommerce website.
•
International offers products primarily to consumers located in Europe and Japan through eCommerce international websites and third-party affiliates. See Note 8, Landsʼ End Japan Closure.
•
Outfitters sells uniform and logo apparel to businesses and their employees, as well as to student households through school relationships, located primarily in the U.S.
•
Third Party sells the same products as U.S. eCommerce direct to consumers through third-party marketplace websites and through domestic wholesale customers.
•
Retail sells products through Company Operated stores.

Net revenue is presented by distribution channel in the following table:

 

(in thousands)

 

Fiscal 2022

 

% of Net Revenue

 

Fiscal 2021

 

% of Net Revenue

 

Fiscal 2020

 

% of Net Revenue

U.S. eCommerce

 

$

955,752

 

61.4%

 

$

1,027,138

 

62.8%

 

$

961,911

 

67.4%

International

 

 

166,627

 

10.7%

 

 

220,997

 

13.5%

 

 

222,878

 

15.6%

Outfitters

 

 

265,898

 

17.1%

 

 

254,191

 

15.5%

 

 

174,260

 

12.2%

Third Party

 

 

118,996

 

7.7%

 

 

86,517

 

5.3%

 

 

39,945

 

2.8%

Retail

 

 

48,156

 

3.1%

 

 

47,781

 

2.9%

 

 

28,454

 

2.0%

Total Net revenue

 

$

1,555,429

 

 

 

$

1,636,624

 

 

 

$

1,427,448

 

 

The geographical allocation of Net revenue is based upon where the product is shipped. The following presents summarized geographical information:

 

(in thousands)

 

Fiscal 2022

 

% of Net Revenue

 

Fiscal 2021

 

% of Net Revenue

 

Fiscal 2020

 

% of Net Revenue

United States

 

$

1,368,518

 

88.0%

 

$

1,393,402

 

85.1%

 

$

1,191,346

 

83.4%

Europe

 

 

135,878

 

8.7%

 

 

179,302

 

11.0%

 

 

175,011

 

12.3%

Asia

 

 

33,451

 

2.2%

 

 

44,383

 

2.7%

 

 

49,725

 

3.5%

Other

 

 

17,582

 

1.1%

 

 

19,537

 

1.2%

 

 

11,366

 

0.8%

Total Net revenue

 

$

1,555,429

 

 

 

$

1,636,624

 

 

 

$

1,427,448

 

 

Other than the United States and Europe, no geographic region represented more than 10% of Net revenue.

Property and equipment, net by geographical location are as follows:

 

(in thousands)

 

Fiscal 2022

 

 

Fiscal 2021

 

 

Fiscal 2020

 

United States

 

$

120,311

 

 

$

121,259

 

 

$

136,038

 

Europe

 

 

7,051

 

 

 

7,879

 

 

 

8,267

 

Asia

 

 

276

 

 

 

653

 

 

 

983

 

Total long-lived assets

 

$

127,638

 

 

$

129,791

 

 

$

145,288

 

 

Other than the United States, no geographic region is greater than 10% of total Property and equipment, net.