Wolverine Worldwide, a leading marketer of branded casual, active lifestyle, work, outdoor sport, athletic, children’s and uniform footwear and apparel, has promoted Mike Jeppesen to an expanded role as president of t...
Following a complicated quarter, the US footwear company has announced the departure of its COO and SVP of global supply chain. It is altering its organizational structure with the arrival of Phil Blake as SVP of glob...
Nike Inc is in final negotiations to sell its Cole Haan handbag and shoe brand to private equity firm Apax Partners, in a deal that could fetch around $500 million, according to three people familiar with the matter.
Though Wolverine Worldwide are expecting to gain $1.64 billion this year thanks to the acquisition of Collective Brands Inc. last week, the group is still struggling after poor results from previous quarters.
Private equity firms TPG Capital Management and Apax Partners are among several parties in the running to buy Nike's leather handbag and shoe maker Cole Haan, according to three people familiar with the matter.
Wolverine Worldwide Inc is teaming up with two private equity firms to buy Collective Brands Inc in a $1.32 billion deal that will split Collective's shoe brands from its Payless ShoeSource retail business.
Collective Brands Inc posted a much narrower-than-expected quarterly loss as same-store sales rose the most in more than two years, sending the footwear retailer's shares up 5 percent in trading after the bell.