DULUTH HOLDINGS INC. (NASDAQ:DLTH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
On February 22, 2018, William E. Ferry and C. Roger Lewis informed the Board of Directors of Duluth Holdings Inc. (the “Company”) that they have independently decided not to stand for re-election at the Company’s 2018 Annual Meeting of Shareholders (the “Annual Meeting”). They will continue to serve as directors of the Company until the close of the Annual Meeting. Mr. Ferry, age 77, has been a member of the Board since September 2015 and had served on the Company’s advisory board since 1992, and Mr. Lewis, age 75, has served on the Board since September 2015 and had served on the advisory board since 2007. Each of Mr. Ferry and Mr. Lewis stated his decision was a desire to retire and not due to any disagreements or Company-related issues.
The Company’s press release announcing their retirement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Financial Statements and Exhibits
Press Release dated February 23, 2018
DULUTH HOLDINGS INC. ExhibitEX-99.1 2 exhibit991.htm PRESS RELEASE DATED FEBRUARY 23,…To view the full exhibit click
About DULUTH HOLDINGS INC. (NASDAQ:DLTH)
Duluth Holdings Inc. is a lifestyle brand of men’s and women’s casual wear, workwear and accessories sold through the Company’s own direct and retail channels. The Company operates through two segments: direct and retail. The Company’s product assortment includes shirts, pants, underwear, outerwear, footwear, accessories and hard goods. The Company offers a range of products, such as its Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Company offers products under its Duluth Trading brand name. The Company also offers Duluthflex Ballroom jeans. The Company’s direct channel reaches customers through its Website and catalogs. The Company’s Website, www.duluthtrading.com, serves as a storefront for its product assortment. Its retail stores allow it to reach customers that prefer to shop in a brick and mortar setting. The Company’s stores range in size from 6,000 to 11,000 selling square feet.