None

At clothing retailer Lands’ End Inc. it’s out with the old and in with the new in the CEO’s office. This morning Lands’ End announced that CEO Edgar Huber is resigning and will be replaced effective Feb. 17 by Federica Marchionni. She will join Lands’ End from her current job as president of Dolce & Gabbana USA Inc., an arm of the Italian maker and retailer of designer apparel, accessories, fragrances and related products. She’s held that post since October 2011.

Land’s End the company is ready for a new top manager now that the spin-off from Sears Holdings Corp. Sears completed the separation of Lands’ End in April 2014 is complete. That transition of Lands’ End into a separate company was completed in April 2014, netting Sears $500 million. “With the successful completion of the spin-off of Lands’ End from Sears, I have accomplished what I came to achieve at Lands’ End and I look forward to the company’s success in the future,” Huber says.

As Lands’ End CEO, Huber earned a base salary of $800,000 in 2013, according to Lands’ End’s last annual report filed with the U.S. Securities & Exchange Commission in March 2014. The annual report did not break out any other compensation information, such as stock incentives or performance bonuses. Lands’ End also has yet to file any public documents on Marchionni’s forthcoming compensation package.

Marchionni was named president of Dolce & Gabbana USA in 2011 and joined the company in 2001. She also has served in executive positions at Italian automotive company Ferrari.  As the new CEO of Lands’ End, Marchionni will take over a company that’s becoming increasingly focused on e-commerce. For example in September 2014 Lands’ End upgraded its business-to-business e-commerce site, Business.LandsEnd.com. The apparel brand’s B2B unit, Lands’ End Business Outfitters, relaunched the site with improved online product selection for its corporate customers, who now have more options for customizing and previewing online shirts, jackets and other Lands’ End merchandise imprinted with their own corporate logos, the company says.

The upgraded site lets customers upload images of their logos to see how they will appear on selected fabrics, letting them also see instant image updates as they choose different logo thread colors. Buyers, using tablets as well as desktop computers, can also zoom in to view high-resolution details. Other new site features include an improved site search and navigation system, and a one-page checkout for faster purchasing. Customers can also log in to view and manage such content as their company’s account information, order history and payment methods.

advertisement

Sears, No. 5 in the Internet Retailer Top 500 Guide, outlined late in 2013 its plans to spin off Lands’ End, one of several moves the struggling retailer has made to raise cash.

Favorite