Wolverine reports 2012 results
19/02/2013
Performance and lifestyle brands acquired from Collective Brands in the course of 2012, Sperry Top-Sider, Saucony, Stride Rite, and Keds, contributed to fourth-quarter revenues.
Commenting on the results, Wolverine’s chief executive Blake Krueger, said: “Fiscal 2012 was a milestone year, the third consecutive year of record revenue and the completion of the acquisition. With the addition of Sperry Top-Sider, Saucony, Stride Rite, and Keds, our portfolio of global brands has never been stronger. We are diversified across most consumer groups, distribution channels and geographic regions, and have multiple brands in the portfolio that are delivering accelerated growth. We look forward to building on our brands’ momentum in 2013 and beyond.”