Duluth Holdings, Inc. Announces Management Changes
April 27, 2021 at 08:00 am EDT
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Duluth Holdings Inc. has appointed Samuel M. Sato as Chief Executive Officer, effective May 3, 2021. Mr. Sato will succeed founder Steve Schlecht who has guided the Company as CEO since September 2019. Mr. Sato will report directly to the Board of Directors, and it is anticipated Mr. Sato will also become a member of the Board on May 27, 2021. Also effective on May 27, 2021, Mr. Schlecht intends to transition to non-executive Chairman of the Board. Mr. Sato was most recently the CEO of Finish Line, a leading specialty retailer that delivered $1.8 billion in net sales in fiscal year 2018 and operated over 900 branded locations in the U.S. under his leadership. With over three decades of retail industry experience and proven results in omnichannel growth, he brings more than 15 years of applied executive leadership working across business divisions and product categories. During his tenure at Finish Line, he spearheaded the successful merger with JD Sports; developed business extension strategies, including a key partnership with Macy’s; and created a road map for a digital and mobile first evolution, all of which contributed to significant top line sales growth. Mr. Sato started his career at Nordstrom, climbing the ranks from store sales associate to Vice President, Corporate Merchandising.
Duluth Holdings Inc. is a lifestyle brand of menâs and womenâs casual wear, workwear and accessories sold primarily through the Companyâs own omnichannel platform. The Companyâs product assortment includes shirts, pants, shorts, underwear, outerwear, footwear, accessories, and hard goods. Its products feature proprietary designs and distinct names, such as its Longtail T shirts, Buck Naked underwear, Fire Hose work pants, and No-Yank Tank. The Companyâs product assortment appeals to its customers for their everyday and on-the-job use. The Companyâs omnichannel services include order-in-store, buy-online-pickup-in-store, and ship-from-store as well as retail store and mobile shopping experiences. The Companyâs products are marketed under the Duluth Trading Company brand, with many of the products being exclusively developed and sold as Duluth Trading branded merchandise. The Company operates 62 retail stores and three outlet stores.
DULUTH HOLDINGS INC. 
