World Footwear

Wolverine Worldwide, Inc.

Wolverine Worldwide appoints new Chairman

Mar 27, 2023 / United States
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

Mar 7, 2023 / United States
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

Feb 10, 2023 / United States
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

Dec 16, 2022 / United States
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

Nov 14, 2022 / United States
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

Aug 9, 2022 / United States
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

Jul 6, 2022 / United States
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

May 16, 2022 / United States
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

Apr 26, 2022 / United States
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

Apr 12, 2022 / United States
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

Mar 4, 2022 / United States
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

Jan 12, 2022 / United States
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

Nov 12, 2021 / United States
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

Aug 6, 2021 / United States
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

Jun 24, 2021 / United States
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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