Leon L. Bean’s grandson James Gorman and his wife, Maureen Gorman, contributed to the Portland hospital’s $20 million relocation campaign.
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Posted inBusiness, Maine
L.L. Bean to open first Canadian store
The new retail store is part of a larger expansion into America’s northern neighbor.
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Posted inMaine, News
L.L.Bean teases summer concert series lineup: Gone West, AJR, Mat Kearney
FREEPORT — L.L.Bean is thinking summer and songs. The iconic Maine retailer teased a partial lineup for its annual free summer concert series Friday. Playing Summer in the Park so far: July 4: The War And Treaty, a husband and wife duo whose music Rolling Stone called “joyous, gospel-style harmonizing with superb country-soul arrangements and […]
Posted inBusiness, Maine
A bump in revenue means a bonus for 5,400 employees of L.L. Bean
The company’s 1% sales revenue gain over 2017 will translate to bonuses and additional contributions to employee 401(k) plans.
Posted inBusiness, Maine
L.L. Bean exec, Portland entrepreneur tapped as advisers to Boston Fed
L.L. Bean CFO Kierston Van Soest and O. & Co. CEO Oliver Smith have joined the bank’s New England Advisory Council.
Posted inBusiness, Maine
Bean may direct donations to national parks restoration post-shutdown
The outdoor gear retailer wants to designate some of its charitable gifts for fixing damage done while federal workers are absent.
Posted inBusiness
Holiday cheer at L.L. Bean as orders top 315,000 in a single day
Company officials are cautiously optimistic about this year’s holiday season, after several years of flat sales.
Posted inBusiness, Life & Culture, Maine, News
With flannel back in fashion, retailers are feelin’ the love
The preferred fabric of hunters and lumberjacks is also embraced by millennials, leading to a spike in sales.
Posted inBusiness, Maine, News
L.L. Bean’s Gorman family donates $4 million for new lobby in Maine Med expansion
The lobby will be named after former Bean president Leon Gorman, and the donation toward a modern medical services facility is a gift ‘to the people of Maine,’ his widow says.
Posted inBusiness, Maine, News
With boots firmly planted in Japan, L.L. Bean kicks up growth
Here’s the inside story of the Freeport company’s improbable and sustained success in one of the world’s toughest retail markets for outsiders.