Information about Ll Bean
| L.L.Bean | |
![]() | |
| private | |
| Founded | 1912 |
| Headquarters | Freeport, Maine |
| Industry | Retail |
| Products | Clothing and outdoor equipment. |
| Website | www.llbean.com |
L.L.Bean, Inc. is a privately held mail-order and retail company based in Freeport, Maine, specializing in clothing and outdoor equipment. Its annual sales were USD $1.47 billion in 2005.[1]
Company history
L.L.Bean was founded in 1912 by avid hunter and fisherman Leon Leonwood Bean—born October 13, 1873, in Greenwood, Maine—who had developed a waterproof boot (a combination of lightweight leather uppers and rubber bottoms) that he sold to hunters. He obtained a list of nonresident Maine hunting license holders, prepared a descriptive mail order circular, set up a shop in his brother's basement in Freeport, Maine, and started a nationwide mail order business. By 1912, he was selling the "Bean boot," or Maine Hunting Shoe, through a four-page mail-order catalog, and the boot remains a staple of the company's outdoorsy image. Defects in the initial design led to 90% of the original production run being returned: Bean made good on his money-back guarantee, corrected the design, and continued selling them. Leon L. Bean died on February 5, 1967, in Pompano Beach, Florida. The company passed into the directorship of Bean's grandson, Leon A. Gorman, from that time until 2001, when Gorman decided to take the position of Chairman of the Board, leaving the position of CEO to Christopher McCormick, the first non-family member to assume the title.[2]L.L.Bean has a history of high quality manufacturing processes and products as well as excellent customer service. Their return policy is noted as being one of the best for any retailer. It is not uncommon to hear stories of L.L.Bean giving a customer a brand new product after one is brought in for repair.
Product line
Since its conception, the company has branched out not only to variations on its boots but to other outdoor equipment such as backpacks and tents, as well as producing a full line of clothing, which is now its mainstay. In 2000, L.L.Bean formed a contract with Subaru, making L.L.Bean the official outfitter of Subaru, spawning an "L.L.Bean edition" Subaru Outback. Other Subaru vehicles featured L.L.Bean styling on later models.Branches
L.L.Bean retail store in Freeport, Maine.
L.L.Bean has stores as far away as Tokyo, as well as a large presence through its mail-order and online catalogs.
Retail and Outlet stores
- Maine: Freeport (three stores open 24 hours/day: Retail Store; Hunt & Fish; Bike, Boat & Ski); outlet stores: Freeport, Ellsworth, Portland, Bangor
- New Hampshire: West Lebanon; outlet stores: Concord, Manchester, Nashua, North Conway
- Massachusetts: Burlington, Mansfield (opening November 16, 2007); outlet stores: Dedham (opening spring 2008); Wareham (opening October 2007)
- Connecticut: South Windsor ; outlet store:Orange
- New York: Albany
- New Jersey: Marlton; outlet store: Flemington
- Virginia: McLean; outlet store: Williamsburg
- Pennsylvania: Upper Saucon Township
- Maryland: Columbia; outlet stores: Hagerstown, Queenstown
- Delaware: outlet store: Rehoboth Beach
- Japan: 9 retail stores
Outdoor Discovery Schools
L.L.Bean has education programs connected to many of its retail outlets to support the outdoor interests of its customers. Customers can participate in a number of outdoor activities without prior arrangement by signing up in the store on the day of their visit and paying a small fee. Some of the sponsored activities include archery, trap shooting, fly casting, and sea kayaking. More advanced classes are conducted as well, but generally must be reserved in advance.Competitors
Main competitors for L.L.Bean's outdoor gear line include the for-profit national and regional stores Bass Pro Shops, Cabela's, Eastern Mountain Sports, Gander Mountain, Sierra Trading Post, Sport Chalet, and Sportman's Warehouse, as well as national sporting goods retailers such as R.E.I., Sports Authority, Big 5 Sporting Goods, and Dick's Sporting Goods, web retailers such as Moosejaw.com, Altrec.com and Backcountry.com, and a host of local independent retailers.However, L.L.Bean's clothing line faces a rather different set of competitors. There, they compete with preppy staples such as J.Crew, Barbour, Lands' End, Brooks Brothers, Gant, Izod, Polo Ralph Lauren, Lacoste, Eddie Bauer, and Patagonia.
L.L.Bean in popular culture
- The Official Preppy Handbook, an ironic description of upper-class and upper-middle-class life in America, describes L.L.Bean as "nothing less than Prep mecca."
- Author Hunter S. Thompson referred to wearing L.L. Bean shorts in a number of his works, most notably during the "Wave Speech" featured in chapter 8 of Fear and Loathing in Las Vegas.
- McGill University studies L.L.Bean in their operations management course.
- In the movie Beetlejuice, Otho sarcastically says, "Deliver me from L.L.Bean," when first looking upon the office in the Maitland's house. It was decorated in a fashion consistent with L.L.Bean's catalogs.
- In episode 0821 of the cult comedy series Mystery Science Theater 3000, Crow, while watching the movie Time Chasers (a.k.a. Tangents), makes a joking reference to "the L.L. Bean gang" as two characters run across the screen in rather rugged outdoor clothing.
- The satire website, The Onion, parodied L.L.Bean's reputation as a white "yuppie" brand with a video that claims L.L.Bean had been boycotted by the African-American community for close to 80 years. The report focused on confusion over the fact that, while there was no particular reason for the boycott, every African American interviewed echoed the sentiment that they "wouldn't be caught dead in" anything from the catalog.[4]
Notes
1. ^ #259 LL Bean. The Largest Private Companies. Forbes (November 9, 2006). Retrieved on 2007-09-26.
2. ^ Company Information: Background. L.L.Bean. Retrieved on 2008-08-09.
3. ^ 95th Anniversary Timeline 1962. L.L.Bean. Retrieved on 2008-08-09.
4. ^ African-American Boycott of L.L. Bean Enters 80th Year (Flash video). The Onion. Retrieved on 2007-09-26.
References
- Montgomery, M.R. (1984). In Search of L.L.Bean. Little Brown. ISBN 0-316-57864-9. A short, unofficial history.
- New York Times review
- Gorman, Leon (2006). L.L.Bean: The Making of an American Icon. Harvard Business School Press. ISBN 1-57851-183-6.
External links
- L.L.Bean — official web site
- Abelson, Jenn. "6 years later, L.L. Bean gets back in gear for expansion", The Boston Globe, September 1, 2006. Retrieved on 2008-08-09.2006">
- Reidy, Chris. "Journey of discovery", The Boston Globe, July 28, 2000. Retrieved on 2008-08-09.2000">
- Montgomery, M. R.. "The marketing magic of L. L. Bean", The Boston Globe, December 27, 1981. Retrieved on 2008-08-09.1981">
19th century - 20th century - 21st century
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Year 1912 (MCMXII
..... Click the link for more information.Freeport, Maine
Seal
Motto:
Coordinates:
Country United States
State Maine
County Cumberland
Area
- Town 46.5 sq mi (120.
..... Click the link for more information.Industry (from Latin industrius, "diligent, industrious"), is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day.
..... Click the link for more information.Retailing consists of the sale of goods or merchandise, from a fixed location such as a department store or kiosk, in small or individual lots for direct consumption by the purchaser.[1] Retailing may include subordinated services, such as delivery.
..... Click the link for more information.Aspinwall Classification System (Leo Aspinwall, 1958) classifies and rates products based on five variables:- Replacement rate (How frequently is the product repurchased?)
- Gross margin (How much profit is obtained from each product?)
..... Click the link for more information.A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN.
..... Click the link for more information.Mail order is a term which describes the buying of goods or services by mail delivery. The buyer places an order for the desired products with the merchant through some remote method such as through a telephone call. Then, the products are delivered to the customer.
..... Click the link for more information.Freeport, Maine
Seal
Motto:
Coordinates:
Country United States
State Maine
County Cumberland
Area
- Town 46.5 sq mi (120.
..... Click the link for more information.State of Maine
Flag of Maine Seal
Nickname(s): The Pine Tree State
Motto(s): Dirigo
Official language(s) None
(English and French de facto)
Capital Augusta
Largest city Portland
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- 409 - Vandals and Alans crossed the Pyrenees and appeared in Hispania.
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..... Click the link for more information.Greenwood, Maine
Seal
Motto:
Coordinates:
Country United States
State Maine
County Oxford
Area
- Town 43.1 sq mi (111.
..... Click the link for more information.Mail order is a term which describes the buying of goods or services by mail delivery. The buyer places an order for the desired products with the merchant through some remote method such as through a telephone call. Then, the products are delivered to the customer.
..... Click the link for more information.February 5 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining.Events
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..... Click the link for more information.Pompano Beach
Pompano Beach's skyline viewed from the Intracoastal Waterway
Seal
Nickname: PNO, Da No, Coke City
Location of Pompano Beach in Broward County, state of Florida
Coordinates:
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..... Click the link for more information.director is an officer (that is, someone who works for the company) charged with the conduct and management of its affairs. A director may be an inside director (a director who is also an officer or promoter or both) or an outside, or independent, director.
..... Click the link for more information.Chief Executive Officer (CEO), or chief executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency.
..... Click the link for more information.Chris McCormick (born in Bridgeport, Connecticut) is the President and Chief Executive Officer of L.L. Bean based in Freeport, Maine. McCormick is the first non-family member to ever to hold this position at L.L. Bean.
..... Click the link for more information.boot is a type of shoe that covers at least the foot and the ankle and sometimes extends up to the knee or even the hip. Most have a heel that is clearly distinguishable from the rest of the sole, even if the two are made of one piece.
..... Click the link for more information.backpack is, in its simplest form, a cloth sack carried on one's back and secured with two straps that go over the shoulders, but there can be acceptions, there are many ways to carry backpacks one way is: carry it in one hand (like a breifcase).
..... Click the link for more information.worldwide view of the subject.A tent is a shelter, consisting of sheets of fabric or other material draped over or attached to a frame of poles and/or ropes.
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..... Click the link for more information.Subaru
Division of Fuji Heavy Industries
Founded FHI established July 7, 1953
first Subaru car introduced 1954
Headquarters Ota, Gunma, Japan
Key people Ikuo Mori, President and CEO
Kenji Kita, founder of Subaru division
..... Click the link for more information.Subaru Outback is a crossover sport-utility vehicle based on the Legacy / Liberty station wagon. In Japan, the Outback is marketed as Subaru Legacy Lancaster.
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