Wolverine worldwide accelerates transformation initiatives

Rockford, mich.--(business wire)--wolverine world wide, inc. (nyse: www) today announced actions to further its ongoing strategic transformation into a brand-led and consumer-obsessed growth company. “we are moving with speed and urgency to transform the company, which will enable us to capitalize on our biggest growth opportunities,” said chris hufnagel, president and chief executive officer. “we are taking decisive steps to stabilize the business by divesting non-core assets, paying down debt.
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