Wolverine Worldwide
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Wolverine sells Asia-based leather business, strenghtens Chinese joint venture
Outerwear group Wolverine World Wide has announced further efforts to advance the company’s ongoing transformation programme into a “consumer-obsessed growth category”. Among its newly revealed moves, Wolverine has said that it has secured a 61 million dollar agreement to sell minority ownership interest in the subsidiary that owns the Saucony...
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Renfro Brands to manage socks business of boot maker Wolverine
Wolverine Boots and Apparel has decided to licence their sock business exclusively to Renfro Brands. In a statement, Wolverine said that the decision was taken citing the ever-evolving consumer, industry, and retail landscape as their main decision driver. "To better service the needs of our retailer partners and consumers, the decision to...
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Wolverine Worldwide sees over 90 percent rise in online revenues
Through the first nine weeks of the second quarter of fiscal 2020, Wolverine World Wide, Inc. said company-owned ecommerce grew more than 90 percent, delivering more than 40 percent of the company’s revenue. The company said in a statement that performance brands Merrell and Saucony as well as work brands Wolverine and Cat Footwear led this...
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