Wolverine World Wide

-16.55%

, its history, and products
Wolverine World Wide is an American footwear and apparel company founded in 1883 by G.A. Krause in Rockford, Michigan. Originally named the Wolverine Shoe and Tanning Company, the company started off as a leather tanning company producing quality leather product. The company was renamed Wolverine World Wide in 1964 and has since expanded into a global company with a wide range of products.
History:
In the late 19th century, the company was known for its high-quality work boots made from horsehide leather. In the 1900s, the company continued to grow and began manufacturing performance, trail, and athletic shoes. In the 1970s, Wolverine World Wide introduced its popular Hush Puppies brand, which became a cultural phenomenon in the United States. Throughout the 1980s and 90s, the company expanded its product offerings to include casual shoes, boots, and outdoor footwear.
Products:
Wolverine World Wide is known for its wide range of footwear and apparel products. The company's most famous brands include Wolverine, Merrell, Hush Puppies, Keds, Sperry, and Saucony. These brands cover various categories, including casual shoes, work boots, hiking boots, athletic shoes, and performance footwear. The company also sells apparel, including jackets, shirts, and socks, under its various brands.
Wolverine boots are known for their durability and comfort, especially their work boots designed for tough outdoor conditions. Merrell offers a range of hiking and athletic shoes designed for outdoor activities. Hush Puppies are known for their comfortable and stylish casual shoes, while Keds and Sperry specialize in fashion and performance footwear for men and women. Saucony is a popular athletic brand offering high-performance shoes for running, walking, and other activities.
Sustainability:
Wolverine World Wide has taken steps to become a more sustainable company, with a focus on reducing its environmental impact. The company has implemented sustainable practices in its supply chain, such as using renewable energy sources and reducing water usage. Wolverine also uses recycled and sustainable materials in its products, such as recycled plastic bottles and organic cotton.
In 2019, Wolverine World Wide announced its sustainability goals for 2025, which includes reducing its greenhouse gas emissions, waste to landfill, and water consumption. The company also aims to increase the use of sustainable materials in its products and ensure ethical and responsible sourcing throughout its supply chain.
In addition, Wolverine World Wide partners with various organizations to give back to the community and support environmental causes. The company has donated millions of dollars to support initiatives such as disaster relief, environmental preservation, and educational programs.
In conclusion, Wolverine World Wide is a well-respected and established company with a long history of producing high-quality footwear and apparel. The company continues to expand its product offerings and is committed to sustainable practices and giving back to the community.

1. Global Presence: Wolverine World Wide has a strong global presence with operations in over 200 countries and territories. This allows the company to cater to diverse markets and expand its customer base.
2. Iconic Brands: The company owns several iconic brands including Hush Puppies, Sperry, Merrell, Saucony, and Wolverine, which have a long history and a loyal customer base. These brands are known for their quality, performance, and innovative designs.
3. Innovative Products: Wolverine World Wide is known for its innovative products that cater to the evolving needs and preferences of its customers. The company invests in research and development to constantly improve and introduce new products to the market.
4. Commitment to Sustainability: The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using sustainable materials, reducing waste and emissions, and investing in sustainable manufacturing practices.
5. Strong Distribution Network: Wolverine World Wide has a strong distribution network that enables the company to reach its customers effectively. The company uses a combination of direct-to-consumer channels, wholesale partners, and e-commerce to sell its products.
6. Focus on Corporate Social Responsibility: The company is dedicated to making a positive impact on society and has various initiatives in place to support communities, promote education and training, and improve the well-being of its employees.
7. Strong Financial Performance: Wolverine World Wide has consistently delivered strong financial results, which reflects the company's ability to adapt to changing market conditions and maintain its competitiveness in the industry.
8. Employee Engagement and Development: The company values its employees and invests in their development and well-being. This has earned the company a reputation as a top employer, leading to high employee engagement and retention rates.

The Wolverine World Wide company's business model is focused on the design, production, and marketing of high-performance and lifestyle footwear, apparel, and accessories. The company operates through three primary segments: Wolverine Outdoor & Lifestyle Group, Wolverine Boston Group, and Wolverine Heritage Group.
The Wolverine Outdoor & Lifestyle Group offers innovative and durable footwear and apparel for outdoor and active lifestyles under brands such as Merrell, Cat Footwear, and others.
The Wolverine Boston Group designs and markets casual and dress shoes under brands such as Hush Puppies, Keds, and Sperry, targeting a more urban and fashion-conscious consumer.
The Heritage Group focuses on heritage and retro footwear and apparel under brands such as Wolverine, Bates, and Harley-Davidson.
The company also has a strong global distribution network and partnerships with various retailers, as well as e-commerce channels, to reach a wide and diverse customer base. Additionally, Wolverine World Wide has a strong emphasis on sustainable and ethical practices, with initiatives such as reducing its carbon footprint and promoting fair labor standards.

It was founded in 1883 by G.A. Krause as a leather tanning company in Rockford, Michigan.
Originally, the company was called The Wolverine Shoe and Tanning Company after the wolverine animal that was considered to be tough and durable.
During World War II, the company shifted its focus to providing footwear for military personnel and became a major supplier for the U.S. military.
In 1994, Wolverine World Wide acquired the Hush Puppies brand, which became one of its best-known and most successful brands.
In 2012, Wolverine World Wide acquired the iconic outdoor footwear brand Merrell, which has since become one of its top-selling brands.
The company has a long history of philanthropy, supporting various causes and organizations such as the Red Cross, American Cancer Society, and the United Way.
In 2010, Wolverine World Wide became the first footwear company to achieve Gold LEED certification for its corporate headquarters, which incorporates sustainable and eco-friendly design elements.
The company has a strong focus on diversity and inclusion, with women holding 50% of leadership roles and 38% of its board members being women.
Wolverine World Wide has a strong commitment to reducing its environmental impact through initiatives such as using sustainable materials, reducing energy consumption, and implementing water and waste management practices.
The company has a global presence, with offices and manufacturing facilities in 15 countries and products sold in over 170 countries.
Wolverine World Wide is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol WWW.
See Company Due Diligence: