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Wolverine’s Air Freight Costs Balloon to $11M in Q2

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Wolverine Worldwide is raising its full-year expectations after a record-setting quarter even as it faces the same supply-chain headwinds buffeting many within the industry, The Michigan-based company saw revenue soar 81 percent compared to last year as its two star brands, Merrell and Saucony, grew their combined revenue by more than 40 percent compared to…

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