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 performance with strong triple-digit ecommerce growth. The company added that total global revenue was down less than 50 percent and it now anticipates a similar year-over-year trend in the last four weeks of the quarter.