Footwear group Wolverine Worldwide has still not been able to sell its in-house leather supplier. The group announced in December that it would let go of Wolverine Leathers as part of a wider cost-cutting programme.

It said in January this year that “potential strategic buyers” for this part of the business had already come forward, but on reporting its half-yearly results on August 10, it confirmed that Wolverine Leathers was still “the subject of a sale process”.

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