World Footwear

Wolverine Worldwide, Inc.

Wolverine posts better-than-expected results

May 14, 2024 / United States
Despite a 34% drop in first quarter revenue, the US-based outdoor company, which is undergoing a turnaround plan, said results were better-than-expected. New CFO appointed

Wolverine Worldwide enters into licensing agreements for Merrell and Saucony brands

May 9, 2024 / United States
The US-based company has entered into a licensing partnership with Vida Shoes for Merrell and Saucony children's footwear and Centric Brands LLC for Merrell apparel and accessories

2023: a year of mixed results in casual and outdoor

Premium ContentApr 30, 2024 / World
In a challenging year for retail, marked by high inflation and weaker consumer demand, we looked at how some of the key players in the casual and outdoor segment are faring and whether some may be poised for a comeback

Wolverine Worldwide ends 2023 in the red but is optimistic about a turnaround

Feb 23, 2024 / United States
The company posted a revenue decline of 20.8% year-over-year and a diluted loss per share of 1.15 US dollars in the fourth quarter of 2023, but is optimistic about the outcome of its turnaround plan

Wolverine Worldwide sells Sperry to ABG

Jan 15, 2024 / United States
Authentic Brands Group (ABG) has acquired the Sperry brand from Wolverine Worldwide for 130 million USD, bringing on board the Aldo Group to design, manufacture and distribute the brand globally

Wolverine Worldwide confirms 2023 results in line with previous guidance

Jan 11, 2024 / United States
In the midst of “the stabilisation phase” of its “strategic transformation” plan, the US-based company has confirmed its guidance for both the fourth quarter and fiscal year 2023

Wolverine Worldwide appoints first-ever Chief Supply Chain Officer

Dec 28, 2023 / United States
The US-based company has appointed Bishu Jayaram to the newly created role of Chief Supply Chain Officer, making him responsible for global sourcing, distribution, logistics, and integrated planning

Wolverine Worldwide sells Asian assets for 70 million USD

Dec 20, 2023 / United States
As part of its ongoing transformation strategy, the US-based footwear company announced the sale of some assets in Asia, which will generate a total of 70 million US dollars in proceeds

Merrell appoints a new Chief Marketing Officer

Dec 7, 2023 / United States
The outdoor footwear brand owned by Wolverine Worldwide has announced the appointment of Pallav Tamaskar as Chief Marketing Officer (CMO)

Wolverine Worldwide announces transformation initiatives after weak quarter

Nov 15, 2023 / United States
The US-based footwear company delivered a weak third quarter performance and announced a series of strategic initiatives that should put the company on a path to profitable growth

Wolverine Boots sells 140 pairs for 1.40 USD to celebrate its 140 years

Oct 5, 2023 / United States
The division of Wolverine Worldwide is giving 140 people the opportunity to purchase its limited-edition 1000 Mile Boot for 1.40 US dollars on the occasion of its 140th anniversary

Wolverine Worldwide sells US Leathers and Hush Puppies IP in Greater China

Sep 7, 2023 / United States
The company announced that its US Leathers business has been sold to New Balance and that Hush Puppies' intellectual property in Greater China will be sold to its current sublicense in the region

Wolverine's announces unexpected CEO change

Aug 11, 2023 / United States
The Board of Directors has appointed Christopher E. Hufnagel as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. Mr. Hufnagel succeeds Brendan L. Hoffman, who is no longer with the company

Wolverine Worldwide announces new leadership appointments

Jun 1, 2023 / United States
Chris Hufnagel was named company's President. Two brand leaders were also appointed to support the global brand-building strategy

Saucony's President steps down

May 26, 2023 / United States
Anne Cavassa, who joined Wolverine Worldwide as President of the Saucony brand in 2018, has left the company. Search for a successor is already underway
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