22 Dec Wolverine Worldwide Updates Strategic Initiatives
Wolverine Worldwide announced Wednesday an update to their strategic initiatives with a Wolverine Way Forward plan. The Way Forward plan solidifies the footwear conglomerate’s desire to put focus on consumers, product innovation and speed.
“To help drive this, we will open a new, 14,000-square-foot consumer and innovation hub next month, co-locating consumer insights, strategy, advanced concepts, and product development teams in a modern, collaborative environment,” Wolverine Worldwide Chairman, CEO and President Blake Krueger said. “At the same time, our work to position the Company for improved profitability through our operational excellence initiatives continues, and we remain on track to deliver against our 2018 adjusted operating margin goal. We believe we have the right strategies in place, and I am enthused by the opportunity ahead of us.”