Lakeland secures multi-year workwear deal with Energy Queensland

Lakeland Industries Inc. (NASDAQ: LAKE) announced that its LHD Group Australia subsidiary secured a multi-year extension of its field workwear agreement with Energy Queensland. The company did not disclose financial terms of the agreement.

The extension establishes what Lakeland describes as a pathway to multi-million-dollar annual revenue contribution to its Industrial segment. The agreement structure includes increasing purchasing concentration from Energy Queensland as certain thresholds are met.

The updated contract incorporates technical specifications aligned with safety standards and supports demand for arc-rated and high-visibility field uniforms. Energy Queensland is identified as one of Australia's largest utility providers.

"This extension is both a validation of our performance and a meaningful economic win," said Barry Phillips, Chief Revenue Officer at Lakeland Industries. "The structure creates a clear path to scaled annual revenue with a high-quality customer in a mission-critical sector."

Kevin Rae, Executive Vice President, EMEA Fire Sales at Lakeland Industries, said the partnership reflects the company's focus on end-user engagement within industrial protective apparel and building revenue streams through long-term customer relationships.

Lakeland manufactures protective clothing and accessories for industrial and first responder markets. The company sells products globally through in-house sales teams and authorized distributors to customers across industries including oil, chemical, construction, and utilities.

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