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Solid E-Commerce Growth Buoys Wolverine’s Mixed Q1

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Wolverine Worldwide focused on improving business liquidity and infrastructure in the first quarter as the coronavirus pandemic continues to force tough decisions for retailers and brands. In a Nutshell: Cash preservation initiatives totaling $500 million were enacted in the first quarter at Wolverine as a part of its focus on crafting a sustainable business plan…

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