premise: (For some reason, Lands' End's 1995 surplus didn't spawn a Procrastinating Catalogue Shoppers Get Whatever They Want as Late as They Want It story in the Times .) As the Times reports, Lands' End overreacted to the bad year by ordering 20 percent less merchandise for 1996, and suffered for it.
hypothesis: 1995 was a top year, sales-wise, for Lands' End. 