Welcome to the Arena from ICR – Conversations with Today's Innovators & Business Leaders

As a workwear and outdoor apparel company, it's imperative that you stay attentive to the needs of your customer, and remain nimble enough to adapt to the demands of an ever-shifting retail landscape. Well, the folks at Duluth Trading are doing exactly that.

Today we're sitting down with Stephanie Pugliese, the CEO of Duluth Trading, which trades under the symbol DLTH. She first joined Duluth trading in November of 2008, and In 2015, she became President and CEO until 2019 when she left to become president of the Americas for Under Armour.

Now, Stephanie is back as president and CEO of Duluth. She joins us to discuss the innovation, customer experience, and brand awareness that's made them a force in the American retail sector for more than 3 decades, and how she plans to double down on those things to keep Duluth profitable in the decades to come.

Highlights:
  • The Duluth Story (2:13)
  • Stephanie's return to Duluth (5:05)
  • Urgency vs. Thoughtfulness (6:40)
  • Brand Engagement (7:50)
  • Brand Awareness (9:15)
  • Solutions Based Products (10:44)
  • Duluth Portfolio of Products (12:36)
  • Approach to Innovation (13:56)
  • Direct to Factory Sourcing (15:31)
  • Opening new stores (17:00)
  • Finding Savings (19:19)
  • Optimizing Inventory Levels (21:10)
  • Promotions (22:46)
  • Tariffs (24:20)
  • Expanding beyond workwear (26:27)
  • Outlook for the future (28:11

Links:
Stephanie's LinkedIn
Duluth LinkedIn
Duluth Website
ICR LinkedIn
ICR Twitter
ICR Website


Feedback:
If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, joe@lowerstreet.co.

What is Welcome to the Arena from ICR – Conversations with Today's Innovators & Business Leaders?

In the increasingly crowded and competitive corporate and financial ecosystem, it’s harder than ever for companies to break through the clutter and be heard. The media, investors, agenda-driven influencers, even customers and competitors, are defining your business story on their terms. Therefore, it is imperative that companies take control and proactively drive the conversation with stakeholders in an effort to build & maintain equity value.

In Welcome to the Arena from ICR, Co-Founder & CEO of ICR, Tom Ryan, interviews key business and financial players who influence the fate of public or aspiring public companies in the capital markets. As a former Wall Street Journal ranked sell-side equity analyst and the founder of one of the largest strategic communications firms in the world, Tom understands what it takes to navigate this complex environment.

This is a forum for CEOs, CFOs, institutional investors, sell-side analysts, financial journalists, private equity professionals and other financial community participants to share their stories and give advice in an open and candid conversation.

For more information, visit http://www.icrinc.com