Saucony news and archive

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...

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...

Business

Wolverine Worldwide's Q3 revenue and profit miss forecast

Wolverine World Wide, Inc. revenue for the third quarter of 691.4 million dollars represents growth of 8.6 percent versus the prior year and growth of 12.2 percent on a constant currency basis. The company’s international business was up 33 percent to 303 million dollars and direct-to-consumer revenue was up 4.5 percent to 160 million dollars....

Fashion

Saucony launches apparel collection made with Cycora

Running brand Saucony, part of Wolverine World Wide, Inc., has launched an apparel collection in collaboration with Cycora by Ambercycle, a premium regenerated material made from end-of-life textiles. The Saucony x Cycora collection for men and women features a line of high-performance running tops, including a fitted tank, crop top, short...

BusinessFeatured

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...

Fashion |In Pictures

Saucony Originals launches ‘Veg Tan’ sustainable sneakers

Running lifestyle brand Saucony has launched a limited-edition capsule collection of sneakers made from vegetable-tanned leather as it continues to look towards more sustainable methods. The ‘Veg Tan’ pack features a limited-edition colourway on three iconic Originals styles, the Jazz 81, Jazz Court and Shadow 6000, chosen as they represent the...

BusinessFeatured

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...

BusinessFeatured

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...

Business

Wolverine Worldwide expects to report strong growth in Q2 sales

In an update on the second quarter results, Wolverine World Wide, Inc. has announced that its performance has accelerated in the quarter of the year, fuelled by the strength of its largest brands and compelling product innovation. “The Company continues to see strong momentum and better-than-expected trends across nearly all brands in the...

Fashion |In Pictures

Saucony x Super 7 monster makeover

Sneaker brand Saucony has launched a new Universal Monsters collection in collaboration with Super 7, inspired by the Creature from the Black Lagoon, The Mummy, Frankenstein and The Bride of Frankenstein. The Universal Monsters themed sneakers feature reconstructed Saucony Jazz Original trainers colour designed to represent each monster. The...

Business

After strong Q1, Wolverine Worldwide raises full year outlook

Wolverine World Wide, Inc. said reported revenue was 510.7 million dollars, up 16.3 percent versus the prior year, while on a constant currency basis, revenue was up 14.3 percent versus the prior year. The company’s owned ecommerce reported revenue grew 83.6 percent versus the prior year. For the full 2021, the company now expects revenue in the...

Podcast

Podcast: The Glossy Podcast interviews Saucony president Anne Cavassa

In this episode, The Glossy Podcast has interviewed eco-friendly apparel brand Saucony president Anne Cavassa about e-commerce and sustainability and performance innovation. Listen to the podcast below. Source: The Glossy Podcast via Megaphone