Wolverine completes acquisition of performance and lifestyle group from Collective Brands
10/10/2012
Outdoor footwear brand Wolverine Worldwide has announced that it has completed the acquisition of Collective Brands’ Performance and Lifestyle Group (PLG), which consists of the Sperry Top-Sider, Saucony, Stride Rite and Keds footwear brands, for a total purchase price of approximately $1.24 billion. With more than $1 billion of revenue and...