<SEC-DOCUMENT>0000892712-16-002053.txt : 20170201
<SEC-HEADER>0000892712-16-002053.hdr.sgml : 20170201
<ACCEPTANCE-DATETIME>20161222115217
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000892712-16-002053
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20161222

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DULUTH HOLDINGS INC.
		CENTRAL INDEX KEY:			0001649744
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-APPAREL & ACCESSORY STORES [5600]
		IRS NUMBER:				391564801
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		170 COUNTRYSIDE DRIVE
		CITY:			BELLEVILLE
		STATE:			WI
		ZIP:			53508
		BUSINESS PHONE:		608 424-1544

	MAIL ADDRESS:	
		STREET 1:		170 COUNTRYSIDE DRIVE
		CITY:			BELLEVILLE
		STATE:			WI
		ZIP:			53508
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
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<META NAME="author" CONTENT="Neitzel, Dee">
<META NAME="date" CONTENT="12/20/2016">
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<DIV style="width:624px"><P style="margin:0px"><BR>
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</DIV><TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=319.2 /><TD width=319.2 /></TR>
<TR><TD style="margin-top:0px" valign=top width=319.2><P style="margin:0px"><BR></P>
<P style="margin:0px"><img src="dlthcorresp002.gif" alt="[dlthcorresp002.gif]" align=middle height=21.333 width=226.533></P>
</TD><TD style="margin-top:0px" valign=top width=319.2><P style="margin:0px" align=right><BR></P>
<P style="margin:0px; padding-right:8px; font-family:'Arial'; font-size:8pt" align=right>833 EAST MICHIGAN STREET</P>
<P style="margin:0px; padding-right:8px; font-family:'Arial'; font-size:8pt" align=right>SUITE 1800</P>
<P style="margin:0px; padding-right:8px; font-family:'Arial'; font-size:8pt" align=right>MILWAUKEE, WISCONSIN 53202-5615</P>
<P style="margin:0px" align=right><BR></P>
<P style="margin:0px; padding-right:8px; font-family:'Arial'; font-size:7pt" align=right>Tel 414-273-3500 &nbsp;&nbsp;&nbsp;Fax 414-273-5198</P>
<P style="margin:0px" align=right><BR></P>
<P style="margin:0px; padding-right:8px; font-family:'Arial'; font-size:8pt" align=right><U>www.GKLAW.COM</U></P>
<P style="margin:0px" align=right><BR></P>
<P style="margin:0px; padding-right:8px; font-family:'Arial'; font-size:7pt" align=right>Direct: &nbsp;414-287-9258<BR>
dconnoll@gklaw.com</P>
</TD></TR>
</TABLE>
<DIV style="width:624px"><P style="margin-top:0px; margin-bottom:14.667px; font-size:11pt" align=center>December 22, 2016</P>
<P style="margin-top:0px; margin-bottom:14.667px; font-size:11pt"><B>VIA EDGAR</B></P>
<P style="margin-top:0px; margin-bottom:14.667px"><BR></P>
<P style="line-height:1pt; margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=319.2 /></TR>
<TR><TD style="margin-top:0px" valign=top width=319.2><P style="margin:0px; font-size:11pt">Rufus Decker</P>
<P style="margin:0px; font-size:11pt">Accounting Branch Chief</P>
<P style="margin:0px; font-size:11pt">Office of Beverages, Apparel and Mining</P>
<P style="margin:0px; font-size:11pt">Securities and Exchange Commission</P>
<P style="margin:0px; font-size:11pt">100 F Street, N.E.</P>
<P style="margin:0px; font-size:11pt">Washington, D.C. 20549</P>
<P style="margin:0px"><BR></P>
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<P style="margin-top:0px; margin-bottom:-2px; text-indent:48px; width:96px; font-size:11pt; float:left"><B>RE:</B></P>
<P style="margin:0px; padding-left:96px; text-indent:-2px; font-size:11pt"><B>Duluth Holdings Inc.<BR>
Form 10-K for Fiscal Year Ended January 31, 2016<BR>
Filed April 8, 2016<BR>
File No. 1-37641</B></P>
<P style="margin-top:14.667px; margin-bottom:14.667px; font-size:11pt; clear:left">Ladies and Gentlemen:</P>
<P style="margin:0px; text-indent:48px; font-size:11pt">We are submitting this letter on behalf of Duluth Holdings Inc. (the &#147;Company&#148;) in response to comments from the staff (the &#147;Staff&#148;) of the Securities and Exchange Commission (the &#147;Commission&#148;) received in a letter dated December 13, 2016 relating to the Company's Form 10-K for the fiscal year ended January 31, 2016, as filed with the Commission on April 8, 2016 (the &#147;Form 10-K&#148;).</P>
<P style="margin:0px"><BR></P>
</DIV><TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=42.867 /><TD width=25.4 /><TD width=617 /><TD width=2.333 /></TR>
<TR><TD style="margin-top:0px" valign=top width=42.867><P style="margin-top:0px; margin-bottom:14.667px; font-size:11pt" align=center><font style="font-family:'Arial Unicode MS,Times New Roman'">&#9679;</font></P>
</TD><TD style="margin-top:0px" valign=top width=644.733 colspan=3><P style="margin-top:0px; margin-bottom:14.667px; padding-left:4.8px; font-size:11pt"><B><U>Form 10-K for Fiscal Year Ended January 31, 2016</U></B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=42.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=644.733 colspan=3><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=42.867><P style="margin-top:0px; margin-bottom:14.667px; font-size:11pt" align=center><font style="font-family:'Arial Unicode MS,Times New Roman'">&#9679;</font></P>
</TD><TD style="margin-top:0px" valign=top width=644.733 colspan=3><P style="margin-top:0px; margin-bottom:14.667px; padding-left:5.133px; font-size:11pt"><B><U>Consolidated Financial Statements<BR>
Note 7. Segment Reporting, page 62</U></B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=42.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=644.733 colspan=3><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=42.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=25.4><P style="margin-top:0px; margin-bottom:14.667px; font-size:11pt">1.</P>
</TD><TD style="margin-top:0px" valign=top width=619.333 colspan=2><P style="margin-top:0px; margin-bottom:14.667px; padding-left:9.467px; font-size:11pt"><B>Staff Comment: &nbsp;On page 8, you discuss your product assortment. &nbsp;Please disclose in a footnote your revenues from external customers by product for each period presented as required by ASC 280-10-50-40</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=42.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=644.733 colspan=3><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=42.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=25.4><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=619.333 colspan=2><P style="margin-top:0px; margin-bottom:14.667px; font-size:11pt"><I>Response</I>: &nbsp;ASC 280-10-50-40 states, &#147;a public entity shall report the revenues from external customers for each product and service or each group of similar products and services unless it is impracticable to do so. &nbsp;The amounts of revenues reported shall be based on financial information used to produce the public entity&#146;s general-purpose financial statements. &nbsp;If providing the information is impracticable, the fact shall be disclosed.&#148;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=42.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=644.733 colspan=3><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=42.867><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=25.4><P style="margin:0px; padding:0px; font-size:11pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=619.333 colspan=2><P style="margin-top:0px; margin-bottom:14.667px; font-size:11pt">In preparing the Form 10-K, the Company took into consideration ASC 280-10-50-40 and concluded that it was impractical to provide this information based on the financial information used to produce its general purpose financial statements. Specifically, the Company&#146;s general ledger system (the &#147;GL&#148;) used to prepare the financial statements does not track revenues at a product level. &nbsp;The Company does track revenues at the product level through its management reporting system (&#147;MRS&#148;), which operates separately from the Company&#146;s GL system. &nbsp;However, the MRS does not provide information that would be in conformity with U.S. GAAP. &nbsp;Tracking revenues at the product level would require</P>
</TD></TR>
</TABLE>
<DIV style="width:624px"><P style="margin-top:0px; margin-bottom:14.667px"><BR></P>
<P style="margin:0px; padding-left:48px; font-family:'Arial'; font-size:6pt" align=center>OFFICES IN MILWAUKEE, MADISON, WAUKESHA, GREEN BAY AND APPLETON, WISCONSIN AND WASHINGTON, D.C.</P>
<P style="margin:0px; padding-left:48px; font-family:'Arial'; font-size:6pt" align=center>GODFREY &amp; KAHN S.C., IS A MEMBER OF TERRALEX&#174;, A WORLDWIDE NETWORK OF INDEPENDENT LAW FIRMS.</P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:14.667px"><BR></P>
<P style="margin:0px; font-size:11pt; page-break-before:always">Securities and Exchange Commission</P>
<P style="margin:0px; font-size:11pt">December 22, 2016</P>
<P style="margin:0px; font-size:11pt">Page 2</P>
<P style="margin-top:0px; margin-bottom:14.667px"><BR></P>
<P style="margin-top:0px; margin-bottom:14.667px; padding-left:72px; font-size:11pt">implementation of complex GL system enhancements, which the Company believes would be costly and time-consuming, and would only provide information of marginal use to users of its financial statements commensurate with such costs. Further, attributes such as shipping revenue, returns reserve and deferred revenue are not applied at the product level by either the GL or the MRS, but instead are recorded in the GL in the aggregate. &nbsp;<BR>
</P>
<P style="margin-top:0px; margin-bottom:14.667px; padding-left:72px; font-size:11pt">The Company acknowledges the Staff&#146;s comment and will disclose in future filings that it is impracticable to provide revenue information by product category due to system limitations.</P>
<P style="margin-top:0px; margin-bottom:14.667px; font-size:11pt" align=center>********</P>
<P style="margin:0px; text-indent:48px; font-size:11pt">Should the Staff have additional questions or comments regarding the foregoing, please do not hesitate to contact the undersigned at (414) 287-9258.</P>
<P style="margin:0px"><BR></P>
</DIV><TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=307.2 /><TD width=330 /></TR>
<TR><TD style="margin-top:0px" valign=top width=307.2><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=330><P style="margin-top:0px; margin-bottom:14.667px; font-size:11pt">Very truly yours,</P>
<P style="margin:0px; font-size:11pt">GODFREY &amp; KAHN, S.C.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:11pt"><I>/s/ Dennis F. Connolly</I></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:11pt">Dennis F. Connolly</P>
</TD></TR>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
