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Wolverine CEO Explains ‘Why Our Future Order Backlog Is Up So Much’

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Wolverine Worldwide saw fourth-quarter revenues decline 16.1 percent to $509.6 million and net losses that amounted to $171.2 million, but the footwear giant—which owns brands including Wolverine, Saucony, Chaco, Merrell, Sperry, and Hush Puppies—is shooting for renewed strength this year. With the company’s push to reach $500 million in owned e-commerce revenue in full swing…

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