Duluth Holdings Inc., a lifestyle brand of men’s and women’s casual wear, workwear and accessories, announced on Monday that Dave Loretta has been appointed senior vice president and chief financial officer. Loretta will succeed retiring CFO Mark DeOrio, and will assume the role of CFO effective immediately.
Loretta joins Duluth Trading from Nordstrom Bank, where he served four years as president and CFO, and led all financial and operating functions for the department store retailer's proprietary card operations.
“I's very excited to be joining Duluth at this point in its young life as a public company," Loretta said in a company press release. "Duluth has a unique business model that stands out among other retailers, tremendous brand opportunity, and a very talented and dedicated team. I see great opportunity in continuing to build on its success of bringing innovative products and experiences to customers and creating value for shareholders.”