Tough end to 2016 for Wolverine
27/02/2017
Outdoor footwear group Wolverine suffered a net loss of $1.9 million during the fourth quarter of 2016. This came after revenue in the period dropped 2.9% year-on-year to $729.6 million. For the whole of 2016, the group achieved revenue of $2.5 billion, down 7.3% on the previous year. “Revenue finished in line with our original outlook entering...