{"id":859115,"date":"2025-06-10T09:52:23","date_gmt":"2025-06-10T13:52:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/duluth-holdings-inc-reduces-workforce-by-3\/"},"modified":"2025-06-10T09:52:23","modified_gmt":"2025-06-10T13:52:23","slug":"duluth-holdings-inc-reduces-workforce-by-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/duluth-holdings-inc-reduces-workforce-by-3\/","title":{"rendered":"Duluth Holdings Inc. Reduces Workforce by 3%"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">MOUNT HOREB, Wis., June  10, 2025  (GLOBE NEWSWIRE) &#8212; Duluth Holdings Inc. (dba, Duluth Trading Company) (\u201cDuluth Trading\u201d or the \u201cCompany\u201d) (NASDAQ: DLTH), a lifestyle brand of men\u2019s and women\u2019s workwear, casual wear, outdoor apparel, and accessories, announced that as part of its expense savings initiatives to rightsize the business, the Company reduced its workforce by 51 employees, or 3% of its total workforce, on June 4, 2025. The expenses related to the workforce reduction were less than $1 million. The Company\u2019s expense savings actions are designed to reduce complexity in the business and increase the Company\u2019s focus on brand awareness, solution-based product and product innovations, and exceptional customer service.<\/p>\n<p>\n        <strong>About Duluth Trading <\/strong>\n      <\/p>\n<p>Duluth Trading is a lifestyle brand for the Modern, Self-Reliant American. Based in Mount Horeb, Wisconsin, we offer high quality, solution-based casual wear, workwear, and accessories for men and women who lead a hands-on lifestyle and who value a job well-done. We provide our customers an engaging and entertaining experience. Our marketing incorporates humor and storytelling that conveys the uniqueness of our products in a distinctive, fun way, and are available through our content-rich website, catalogs, and \u201cstore like no other\u201d retail locations. We are committed to outstanding customer service backed by our \u201cNo Bull Guarantee\u201d &#8211; if it\u2019s not right, we\u2019ll fix it. Visit our website at http:\/\/www.duluthtrading.com.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p>This press release includes \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are not historical facts, and are based upon Duluth Trading&#8217;s current expectations, beliefs, estimates, and projections, and various assumptions, many of which, by their nature, are inherently uncertain and beyond Duluth Trading&#8217;s control. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. Forward-looking statements speak only as of the date the statements are made. Duluth Trading assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances or other changes affecting forward-looking information except to the extent required by applicable securities laws.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NjI2NyM2OTg0MTgyIzIwMTk5NjE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ODE0NGQ4YTUtNmVmZi00OTNjLTg3Y2EtZTIwOTM4MzQ1NjYxLTEwMzE1MzMtMjAyNS0wNi0xMC1lbg==\/tiny\/Duluth-Trading-Company.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Investor Contact:\r\nTom Filandro\r\nICR, Inc.\r\n(646) 277-1200\r\nDuluthIR@icrinc.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MOUNT HOREB, Wis., June 10, 2025 (GLOBE NEWSWIRE) &#8212; Duluth Holdings Inc. (dba, Duluth Trading Company) (\u201cDuluth Trading\u201d or the \u201cCompany\u201d) (NASDAQ: DLTH), a lifestyle brand of men\u2019s and women\u2019s workwear, casual wear, outdoor apparel, and accessories, announced that as part of its expense savings initiatives to rightsize the business, the Company reduced its workforce by 51 employees, or 3% of its total workforce, on June 4, 2025. The expenses related to the workforce reduction were less than $1 million. The Company\u2019s expense savings actions are designed to reduce complexity in the business and increase the Company\u2019s focus on brand awareness, solution-based product and product innovations, and exceptional customer service. About Duluth Trading Duluth Trading is a lifestyle brand for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duluth-holdings-inc-reduces-workforce-by-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Duluth Holdings Inc. Reduces Workforce by 3%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-859115","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Duluth Holdings Inc. 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Reduces Workforce by 3%&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/duluth-holdings-inc-reduces-workforce-by-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-10T13:52:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NjI2NyM2OTg0MTgyIzIwMTk5NjE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duluth-holdings-inc-reduces-workforce-by-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duluth-holdings-inc-reduces-workforce-by-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Duluth Holdings Inc. 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