Wolverine Worldwide Acquires UK-Based Sweaty Betty in $410M Deal
Footwear company Wolverine Worldwide has acquired the UK-based athleisure brand and Lululemon competitor Sweaty Betty in a $410 million deal. Wolverine Worldwide CEO Blake Krueger joined Cheddar’s Closing Bell to discuss the acquisition and why it was a good fit for the company.
He noted that Wolverine is looking to grow its premium activewear options for women and expand the brand’s presence in the U.S. and globally.
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Видео Wolverine Worldwide Acquires UK-Based Sweaty Betty in $410M Deal канала Cheddar Now
He noted that Wolverine is looking to grow its premium activewear options for women and expand the brand’s presence in the U.S. and globally.
Subscribe to Cheddar Now on YouTube: https://chdr.tv/NowYT
Subscribe to Need2Know in your favorite podcast app. https://chdr.tv/8gas
Видео Wolverine Worldwide Acquires UK-Based Sweaty Betty in $410M Deal канала Cheddar Now
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