Footwear group Wolverine Worldwide has reported total sales revenues for 2023 of more than $2.4 billion. This represents a fall of 16.5% compared to the figure for 2022.

There were falls in revenue for each of the group’s main brands, which it divides into two groups, Active and Work. In the case of Merrell and the Wolverine brand, the declines were double-digit. Merrell’s revenues were down by 11.6%, reaching $675.8 million. In Wolverine’s case, the brand suffered a fall of 18.7% in revenues, reaching $201.2 million.

Share this story: