Fall of 10% for Wolverine in H1
15/08/2023
Footwear group Wolverine Worldwide has reported revenues of just under $1.2 billion for the first half of 2023. This figure represents a decline of more than 10% year on year.
New chief executive, Chris Hufnagel, said the group’s outlook for the second half of this year was disappointing. But he said Wolverine was confident of significant improvement in 2024.