Saucony news and archive

Wolverine Worldwide surprises with strong second quarter growth

US footwear and apparel supplier Wolverine World Wide Inc. (Wolverine Worldwide) continued on a growth path in the second quarter of the 2025 financial year. On Wednesday, the group announced surprisingly strong increases in revenue and earnings. In the three months to 28 June, consolidated revenue amounted to 474.2 million dollars. This...

Retail

Saucony launches first UK store in Covent Garden

Saucony has opened its first UK store at 4 James Street in Covent Garden. Spanning 3,695 sq ft over two floors, the store offers performance footwear, lifestyle trainers, and apparel, designed in a space that reflects the brand’s heritage and focus on community. The store includes a coffee station, event space, community wall, and 100 lockers...

Retail|In pictures

Saucony opens first UK flagship store

US footwear brand Saucony has opened its first flagship store in the UK. The new store is located at 4 James Street in London and officially opened on June 21, as announced by the Wolverine World Wide Inc. subsidiary on Wednesday. The London location is intended to be more than just a retail space: with an integrated café, rooms for community...

Business|In Pictures

Wolverine Worldwide unveils renovations to global headquarters in Michigan

American footwear and apparel company Wolverine Worldwide, which includes brands Merrell, Saucony and Sweaty Betty, has unveiled a major renovation to its global headquarters in Rockford, Michigan. The upgrade to its headquarters is part of the company’s continued efforts to “modernise facilities, centralise core business operations, and attract...

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Business

Merrell and Saucony Drive Wolverine Worldwide's Q1 performance

Wolverine Worldwide reported positive financial results for the first quarter of 2025, showcasing a turnaround driven by strong performance from its Merrell and Saucony brands. The company achieved a 4.4 percent year-over-year increase in total revenue, reaching 412.3 million dollars, with ongoing business revenue up 5.5 percent to 412.3 million...

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Business

Despite positive Q4, Wolverine Worldwide's 2025 guidance disappoints investors

Footwear and apparel giant Wolverine Worldwide met fourth-quarter earnings expectations and narrowly beat revenue forecasts, but its 2025 projections fell short of Wall Street's hopes. As reported by Investing.com, the company posted adjusted earnings per share of 42 cents for the fourth quarter, matching analyst predictions. Revenue reached...

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Business

Wolverine World Wide opens Boston innovation hub to house design teams

On the back of opening new international office spaces, Wolverine World Wide (WWW) has unveiled a global “Innovation Hub” in Boston, Massachusetts, where it will house its design and product teams. The 11 square foot facility will also be home to employees of the group’s brand Saucony, including team members in design, development, product...

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Business

Wolverine Worldwide delivers “better-than-expected” Q3, lifts outlook

Wolverine Worldwide revenues for the third quarter of 440.2 million dollars declined by 16.6 percent or 16.9 percent constant currency, while revenue from the ongoing operations declined 7 percent or 7.4 percent constant currency to 440.1 million dollars. Gross margin for the quarter of 45.3 percent improved 450 bps and adjusted gross margin...

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People

Susie Kuhn to join Wolverine Worldwide as Active Group president

Wolverine Worldwide has announced the appointment of Susie Kuhn as president of the company’s Active Group, effective October 28, 2024. She will report to Chris Hufnagel, president and CEO of Wolverine Worldwide, and serve on the company’s executive team. Kuhn, the company said in a statement, will be responsible for leading successful brand...

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Business

Wolverine Worldwide’s Q2 revenues decline

For the second quarter, Wolverine Worldwide reported a revenue decline of 17.4 percent to 425.2 million dollars and adjusted earnings per share of 15 cents. “We delivered better-than-expected revenue and earnings in the second quarter, while continuing to execute our ambitious turnaround plan,” said Chris Hufnagel, president and chief executive...

People

Saucony appoints new global chief marketing officer

Running and lifestyle brand Saucony, a division of Wolverine World Wide, Inc., has appointed Joy Allen-Altimare as its global chief marketing officer, effective immediately. The seasoned veteran has been brought on to help expedite the brand's transformative growth and further “cultivate a winning culture,” while developing and executing...

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Business

Wolverine Worldwide Q1 revenues drop 34 percent, names new CFO

Wolverine Worldwide revenues of 394.9 million dollars declined 34.1 percent or 34.6 percent on a constant currency basis. Revenues from the ongoing business were down 24.5 percent or 25.1 percent constant currency to 390.8 million dollars. Gross margin for the quarter improved 650 bps to 45.9 percent, while adjusted gross margin improved 250 bps...