World Footwear

Wolverine Worldwide, Inc.

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

Wolverine Worldwide reiterates full year outlook

May 18, 2023 / United States
The US-based company posted a first quarter revenue decline in 2023 of 2.5% year-over-year, but delivered earnings slightly above its expectations, thus reiterating its yearly guidance

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
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