US’ Wolverine Worldwide sells Sperry to Authentic Brands Group

Wolverine World Wide, Inc. has completed the sale of the Sperry brand to Authentic Brands Group, Inc, and the Aldo Group.
This move aligns with the company’s strategic transformation, reducing debt and simplifying its portfolio.
Wolverine Worldwide’s CEO, Chris Hufnagel, emphasises the positive impact of these efforts on the company’s turnaround.

Leave a Reply

Your email address will not be published. Required fields are marked *