The footwear company announced a slight increase in its third-quarter revenues on Thursday, thanks to strong growth at its Merrell, Sperry and Saucony brands, but continued to see declines in its bottom line.
The Michigan-based apparel marketing and licensing company has named Chris Hufnagel as global brand president of outdoor footwear and apparel brand Merrell, the largest brand in the company's portfolio.
Following the retirement of Joseph R. Gromek, the American footwear manufacturer announced the appointment of apparel and footwear industry vet David W. McCreight to its board of directors on Wednesday.
The Rockford, Michigan-based footwear manufacturer reported decreases in its first-quarter revenues and earnings on Thursday, providing updates on its latest strategic investments and reaffirming its full-year outlook.
Footwear maker Wolverine Worldwide is facing a series of lawsuits for chemical dumping that contaminated wells on private property in Michigan with ingredients known to cause cancer, thyroid issues and other diseases.