L.L. Bean Sales Flat at $1.7 Billion in 2024
The 113-year-old, Maine-based retailer reported revenues were roughly flat for the year at $1.7 billion, a slight decline from a nearly $1.8 billion top line three years ago. Bean touted continued investments in omnichannel growth strategy, which included opening four retail stores in the U.S. and new wholesale partnerships with Chewy, Von Maur, and 34 independent specialty stores, expanding the brand’s reach to more than 95 new storefronts and 36 new e-commerce platforms. Some of its new brand partners include Noah Kahan, Summersalt, Farmgirl Flowers, and Harpoon. Bean plans to open ... Log in to view full article.