Wolverine World Wide posts record results
According to Blake Krueger, president and COO, three of the company’s four major branded operating groups contributed to the revenue increase, with both the Outdoor Footwear Group and the Heritage Brands Group posting double-digit gains. Hush Puppies reported low-single-digit revenue gain, while the Wolverine Footwear Group was negatively impacted due to a planned decrease in its military contract business.
The company's brands include Bates, Hush Puppies, Hytes, Merrell, Sebago and Wolverine. It also holds exclusive footwear licences for brands such as Cat, Harley-Davidson and