Wolverine World Wide announced on Wednesday a 20% uptick in revenues for the first quarter, as strong demand for the U.S company's portfolio of brands outweighed continued supply chain challenges and macro headwinds.
The outdoor apparel and footwear group reported an increase of 29.1% in its third-quarter revenue on Wednesday, progress achieved in spite of issues related to Vietnamese factory closures and global logistics hold-ups.
The Rockford, Michigan-based owner of the Wolverine, Saucony and Merrel brands reported record Q2 revenue of $631.9 million on Thursday, progress which drove the company’s return to profit in the quarter.
The outdoor apparel and footwear group has announced that it expects its second-quarter sales to exceed the figures achieved by the company in the same period two years ago, before the impact of the Covid-19 pandemic.
The outdoor apparel and footwear group announced on Tuesday that it has named Isabel Soriano as president of international, while Katherine Cousins is joining the company as global brand president of Sperry.
The outdoor and active apparel and footwear company announced a 14.1% decline in its third-quarter sales on Thursday, despite strong performances from its e-commerce channel and the Saucony and Chaco brands.
The outdoor lifestyle group has announced skyrocketing e-commerce sales in the first nine weeks of Q2, giving the company hope of achieving better-than-expected results in a quarter negatively impacted by Covid-19.