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Solid E-Commerce Growth Buoys Wolverine’s Mixed Q1

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

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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