Wolverine Worldwide, Inc.
Wolverine Worldwide appoints new Chairman
The US-based company announced that its Chairman Blake Krueger will be retiring from the Board after 30 years with the company, being succeeded by Tom Long, the Board's Lead Independent Director
Wolverine Worldwide posts profit loss
Despite a sales growth, the Michigan-based company reported a fourth quarter and full year 2022 profit loss, impacted by higher transitory supply chain costs and excess inventory
Designer Brands acquires Keds from Wolverine
The North American company has acquired the footwear brand Keds from Wolverine Worldwide, thus increasing its Owned Brands portfolio while reaching into the athleisure category
Wolverine Worldwide to divest Keds and Wolverine Leathers and cut jobs
The company revealed that it will divest or license the Keds brand and Wolverine Leathers, both low-profit contributors, as part of a plan to foster growth and further drive shareholder value
Wolverine Worldwide posts revenue growth but below expectations
The company reported a revenue increase in the third quarter of 2022, but failed to meet its revenue and earnings expectations as the macroeconomic conditions continued to worsen
Saucony appoints Chief Marketing Officer
Saucony, a division of Wolverine Worldwide, announced it has appointed Kathryn Pratt as Chief Marketing Officer. The appointment has immediate effect
Wolverine Worldwide sells Champion footwear licence to HanesBrands
The company announced that its wholly-owned subsidiary Keds sold the Champion trademarks for footwear in the US and Canada to its licensee HannesBrands for 90 million USD in cash
Wolverine Worldwide with revenue growth
Despite ongoing supply chain constraints and macro headwinds, the Michigan-based company reported a strong first quarter in 2022, confirming its full year guidance
Merrell launches beta version of shoe adviser app
The Wolverine Worldwide brand partnered up with the smartphone 3D body scanning technology NetVirta to launch a mobile app that ensures accurate shoe fit recommendations
Merrell announces multi-year sustainability initiative
The Wolverine Worldwide-owned brand is kicking off the 'This is Home' campaign with the launch of a multinational product takeback and resale programme named Merrel ReTread
Wolverine Worldwide posts strong full year 2021
The Michigan-based giant has reported that revenue and earnings in the fourth quarter and full year 2021 have exceeded expectations despite ongoing supply chain disruptions
Merrell donates 25 000 US dollars to the Boulder County Wildfire Fund
The brand has announced that it will not attend the upcoming Outdoors Retailer's event due to COVID-19 concerns. Instead, it will donate the saved money to the Boulder County Wildfire Fund
Wolverine Worldwide announces revenue increase
The Michigan-based giant has reported revenue of 636.7 million US dollars in the third quarter of 2021, as compared to the same period of 2020, amidst supply chain disruptions
Hush Puppies & Designer Brands in partnership
The two tags announced an exclusive distribution partnership for Hush Puppies in North America. This initiative will make DSW Designer Shoe Warehouse the exclusive in-store distributor of Hush Puppies by 2022
Wolverine announces next steps in planned CEO succession
The US-based footwear company has announced Brendan Hoffman, President and a member of the Company’s Board of Directors, will succeed Blake Krueger as CEO at the year end. Krueger will become Executive Chairman-
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