blog trackingweb statistics
×

L.L.Bean’s origin story grew from the ground up — literally.

\n\n

The company, which sells everything from clothing and footwear to tote bags and home goods, was first established in 1912 after its namesake founder, Leon Leonwood Bean, returned home from a hunting trip with sore, wet feet.

\n\n

“He said, ‘I have an innovative solution,’” CEO Greg Elder said in an interview, part of NBC News’ “Business in America” initiative. “‘What if I developed the waterproofness of a rubber bottom and stitched on a leather upper?’”

\n\n

L.L. Bean CEO on how he manages his day to day

\n\n

And with that, the famous L.L.Bean boot — and a $2 billion company — was born. Since then, the brand has embraced its rugged roots and remains headquartered in Freeport, Maine, a coastal town 20 minutes north of Portland.

\n\n

“It’s worked for us 100-plus years and it’s going to work for us for another 100-plus years,” said Elder, who has been at the company for nearly two decades. He emphasized L.L.Bean has no plans to relocate its operations.

\n\n

“We are a family-owned, privately held company,” he said. “The family remains steadfast in their desire to keep this based in Freeport, Maine, where we’ve always…

Original source: https://www.nbcnews.com/business

Leave a Reply

Your email address will not be published. Required fields are marked *

Author

seoexperts1994@gmail.com

Related Posts

Bears overcome 5 turnovers to beat Buccaneers 27-24 on ‘Sunday Night Football’

Caleb Williams found a wide-open Colston Loveland for a 38-yard catch to set up Cairo Santos’ 38-yard field goal as time expired,...

Read out all

Trump says deportations were ‘too tough’ and hurt him during the midterms

President Donald Trump conceded that his immigration policies were “too tough,” saying in an interview on CBS’ “60 Minutes” that aired Sunday...

Read out all

They are last place in their own division — and a legitimate Super Bowl contender

The Green Bay Packers remained in last place in the NFC North despite beating the New England Patriots on Sunday. But that...

Read out all

Bryson DeChambeau offers no regrets for joining LIV and no clear plans for his next step

Bryson DeChambeau offered no regrets for taking Saudi riches to join LIV Golf and no indication about his immediate future, saying only...

Read out all

Nvidia opens investigation after CEO Jensen Huang was targeted by Chinese intelligence

Nvidia’s board of directors said Sunday that it is opening an independent investigation after CEO Jensen Huang was targeted by a foreign...

Read out all

Hakeem Jeffries supports impeaching Pete Hegseth, and a deadly mass shooting in Poland: Weekend Rundown

House Minority Leader Hakeem Jeffries, D-N.Y., said he supports impeachment efforts against Defense Secretary Pete Hegseth, which are expected to be brought...

Read out all