Cat Footwear news and archive

Wolverine World Wide shifts leadership structure in bid to accelerate growth

Global footwear specialist Wolverine World Wide (WWW) has made a number of new leadership appointments as part of efforts to bolster product innovation and international growth. Mike Maloney has been promoted to the newly created role of global general manager for the Wolverine brand, a position within the company’s Work Group, which also...

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Justin Cupps to lead Wolverine Worldwide's Work Group brands

Wolverine World Wide, Inc. has appointed industry veteran Justin Cupps as president of its Work Group, positioning him to lead key brands including Wolverine, Bates, Cat Footwear, Harley-Davidson Footwear, HyTest, and Merrell Work. Reporting directly to CEO Chris Hufnagel and joining the executive team, Cupps brings nearly 30 years of experience...

Fashion

Cat Footwear launches collection to honour Caterpillar’s centennial anniversary

Cat Footwear, a division of Wolverine World Wide, Inc. and official footwear licensee of Caterpillar, is celebrating 100 years of innovation at the American construction, mining and other engineering equipment manufacturer with a limited-edition footwear collection. The Cat Footwear Centennial collection is described as a “tribute to the...

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Business

Wolverine Worldwide to grow Cat Footwear in the UK with Chapters Brand Group

Wolverine Worldwide, the global footwear licensee for Cat Footwear, has announced a new partnership with British footwear distributor Chapters Brand Group to grow the Cat Footwear brand in the UK. In a statement, Wolverine Worldwide said that Chapters Brand Group will be the sole distributor of Cat-licensed footwear products to retailers across...

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Business

Wolverine Worldwide posts Q4 loss

For the fourth quarter, Wolverine World Wide, Inc. revenue of 665 million dollars, rose 4.6 percent or 8.4 percent on a constant currency basis. The company reported a net loss of 361.6 million dollars or 4.59 dollars per share and adjusted diluted loss per share of 15 cents for the quarter. The company's international business increased 22.2...

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Business

Wolverine Worldwide expects earnings at low end of guidance range

Updating its outlook, Wolverine World Wide, Inc. said that the company expects fiscal 2022 full-year revenue of 2.685 billion dollars, representing approximately 11 percent growth and 14 percent on a constant currency basis. Fourth quarter revenue is expected to reach approximately 665 million dollars, representing approximately 5 percent growth...

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Business

Wolverine Worldwide delivers 24.7 percent revenue increase in Q4

For the fourth quarter, Wolverine World Wide, Inc. reported revenue of 635.6 million dollars, up 24.7 percent versus the prior year. On a constant currency basis, revenue was up 24.6 percent. Excluding Sweaty Betty, revenue increased 9.4 percent versus the prior year and decreased 8.2 percent versus 2019. Ecommerce revenue was up 58.3 percent...

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Business

Wolverine Worldwide's Q3 revenues grow by 29.1 percent

Wolverine World Wide, Inc. said reported revenue was 636.7 million dollars, up 29.1 percent versus the prior year. On a constant currency basis, revenue was up 28.2 percent versus the prior year. Ecommerce reported revenue was up 45 percent versus the prior year and up 126 percent versus 2019. “The company delivered strong double-digit revenue...

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Fairs

Moda: Five brands attending for the first time in September

UK footwear and fashion trade show Moda is returning to the NEC Birmingham on Sunday for a four-day event running from 5-8 September. The show this season will be co-located with Autumn Fair and will run for one extra day compared to usual, as buyers and brands reunite after over a year of cancelled physical shows. Moda will showcase thousands...

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Business

Wolverine Worldwide posts Q2 sales growth of 81 percent

For the second quarter of 2021, Wolverine World Wide, Inc. said, reported revenue was 631.9 million dollars, up 81 percent versus the prior year. On a constant currency basis, revenue was up 77.7 percent versus the prior year. The company said in a release that total direct-to-consumer reported revenue was up 17.5 percent versus the prior year...

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Business

Wolverine Worldwide Q2 sales drop but online revenues grow 96 percent

Wolverine World Wide, Inc. reported revenue of 349.1 million dollars, down 38.6 percent versus the prior year. On a constant currency basis, the company said in a statement, revenue was down 38.3 percent versus the prior year, while company-owned ecommerce revenue grew 96 percent versus the prior year. “The company’s second quarter results were...