Footwear group Wolverine World Wide has reported full-year results of $2.4 billion for 2021, up by almost 35% compared to the previous year. This total also beat, by 1%, the figure for 2019.

Brendan Hoffman, who took over as chief executive at the end of 2021, said there were “favourable consumer and category trends” and that the “strong portfolio of iconic brands” and operational foundation that group has built over the last decade put Wolverine in a position to capitalise on them.

Wolverine said its expectations are that revenues will rise again this year, reaching around $2.8 billion, assuming “no meaningful deterioration of current market conditions”.

Image: Saucony.

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