Displaying items tagged: Wolverine World Wide
Wolverine World Wide acquires activewear brand Sweaty Betty in $410M deal
ROCKFORD — Wolverine World Wide Inc. has finalized a deal to acquire London-based premium women’s activewear brand Sweaty Betty.
Hoffman to take over as Wolverine World Wide CEO at the end of 2021
ROCKFORD — Wolverine World Wide Inc.’s leadership succession plan involves President Brendan Hoffman transitioning to CEO at the end of the year, company officials announced today.
Strong demand, e-commerce growth boosts Wolverine Worldwide’s fiscal year outlook
ROCKFORD — After a promising first quarter with strong demand and e-commerce growth, global footwear marketer and licensor Wolverine World Wide Inc. is eyeing a “breakthrough” 2021.
Wolverine World Wide names new president, expected future CEO
ROCKFORD — Wolverine World Wide Inc. has named Brendan Hoffman as the company’s next president and anticipated CEO as the Rockford-based footwear and outdoor apparel company transitions its leadership team and increases its focus on e-commerce.
Michigan at ‘dangerous tipping point’ for COVID-19, health leaders warn
A coalition of business and health care leaders across the state today warned Michigan is at a “dangerous tipping point” in the COVID-19 pandemic and “at risk of losing ground it has sacrificed for months to gain.” The group cited increases in new daily cases in the last month after two months of steady decline. They include a record 610 new cases Wednesday, and more than 1,400 between July 2 and 4.
After 2020 cancellation, future of ArtPrize remains unclear
After canceling this year’s ArtPrize because of concerns over COVID-19, organizers of Grand Rapids’ flagship arts event and the largest art competition in the world have avoided questions about whether it will return.
Wolverine shifts focus to e-commerce as Q1 earnings decline
Wolverine World Wide Inc. is leaning into e-commerce as the COVID-19 crisis drives more consumer purchases online.
Arsenal of health: Manufacturers shift operations to meet needs during pandemic
Demand for the mobile computer workstations produced by Walker-based health care furniture manufacturer Altus Industries Inc. had already begun to spike as hospitals started setting up quarantine and triage areas in preparation for an influx of COVID-19 patients.
Wolverine withdraws 2020 guidance citing uncertainty, volatility due to coronavirus
ROCKFORD — Citing “heightened uncertainty and recent volatility” related to the coronavirus, footwear and apparel marketer Wolverine World Wide Inc. says it is withdrawing its previous guidance for the 2020 fiscal year.
Apparel companies embrace Michigan’s outdoor recreation
Michigan residents have taken to wearing their state pride on their sleeves.
Wolverine agrees to $69.5 million PFAS settlement with Plainfield, Algoma townships
Plainfield and Algoma townships have reached a tentative $69.5 million settlement in the case filed by the state of Michigan against Rockford-based Wolverine World Wide Inc. over PFAS contamination.
Wolverine sells Sebago brand to Italian firm in $14.25 million deal
Wolverine World Wide Inc. has sold its Sebago brand of boat shoes to an offshoot of BasicNet S.p.A., a clothing and footwear company based in Turin, Italy.
Wolverine hires The North Face exec, promotes company veteran to lead transformation efforts
Wolverine World Wide Inc. has reorganized its leadership team by promoting one company veteran and hiring a long-time foortwear apparel industry company executive.
Post-Brexit, West Michigan public company stocks take a beating
Stock prices of West Michigan’s publicly traded companies tumbled on Friday as Wall Street succumbed to the uncertainty caused by the U.K.’s decision to exit the European Union.