Double-digit growth for Wolverine Worldwide

24/02/2023

Footwear group Wolverine Worldwide has report full-year revenues for 2022 of almost $2.7 billion, an increase of 11.2% year on year.

Merrell increased revenues by 18% year on year to reach $764.2 million, while Saucony achieved growth of 6.1% and revenues of $294.2 million. The Wolverine brand grew too, by 8.8%, taking its revenues to $247.5 million, but Sperry’s revenues declined by 10% to $294.2 million.

Apparel brand Sweaty Betty, which the group acquired in 2021, contributed revenues of $211.5 million.