“Tepid” US retail market slows Wolverine growth - sportstextiles: Lea SportsTextiles

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“Tepid” US retail market slows Wolverine growth

15/10/2014
Outdoor footwear group Wolverine Worldwide has reported revenues of $711.1 million for the third quarter of 2014. This figure represents a drop of 0.8% on the group’s performance in the same quarter in 2013.

Announcing the result, chief executive, Blake Krueger, said Wolverine still expects 2014 to be a record year. He said the group had achieved strong revenue results in the third quarter in Asia and in Europe, but had been affected by “a somewhat tepid retail environment in the US”.


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