Lands’ End forms IP joint venture with WHP Global

Under the agreement, Lands’ End will contribute all intellectual property and related assets tied to the Lands’ End brand, including existing licensing agreements, into the new entity. WHP Global will pay $300m in cash for a 50% controlling ownership stake, with the joint venture to be owned 50/50 by both parties following completion. Lands’ End said the transaction will allow it to fully repay its outstanding term loan, around $234m as of 26 January 2026, with remaining proceeds used for general corpor ...