Wolverine Worldwide, Inc.
Wolverine Worldwide announces partnership to grow Cat Footwear in the UK
The US-based company has partnered with the British footwear distributor Chapters Brand Group to grow the Cat Footwear brand in the UK. Wolverine is the global footwear licensee for the brand
Merrell appoints Noreen Naroo-Pucci as Chief Product Officer
The brand has appointed Noreen Naroo-Pucci as Chief Product Officer, as part of its strategy to meet the growing demand for footwear that transitions from outdoor adventure to everyday life
Wolverine Worldwide's Work Group appoints new Chief Product Officer
Mike Maloney, with two decades in the footwear industry, will lead product innovation, merchandising and marketing strategy for the Work Group's diverse brand portfolio, including Wolverine Worldwide
Wolverine Worldwide opens innovation hub in Boston
The US-based company, which owns brands such as Merrell and Saucony, has opened an innovation hub in Boston to accelerate product design and development, as part of its wider transformation strategy
Wolverine Worldwide revises fiscal 2024 guidance
The US-based company reported lower revenues and robust margins. While sales decreased by 7.4% year-over-year, gross margin increased by 450 basis points as a result of reduced supply chain costs
Wolverine Worldwide appoints Susie Kuhn to lead Active Group
The US-based company has announced the appointment of industry veteran Susie Kuhn as President of its Active Group, which includes the Merrell, Saucony, and Chaco brands
Saucony names new chief marketing officer
The athletic footwear brand, owned by the US-based Wolverine Worldwide, has named Joy Allen-Altimare as global chief marketing officer with immediate effect
Wolverine posts better-than-expected results
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
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
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
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
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
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
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
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-
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