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Job losses and sell-offs as Wolverine cuts costs

15/11/2023
Job losses and sell-offs as Wolverine cuts costs

US shoe group Wolverine World Wide is moving with “speed and urgency" to transform the company, with a raft of announcements including job losses and the sale of some licences or brands. CEO Chris Hufnage said: “We are taking decisive steps to stabilise the business by divesting non-core assets, paying down debt, reducing inventory and...

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