Wolverine World Wide Inc which owns the brands Merrell and Saucony, reported that revenues rose 16.3% to $510.7 million for the first quarter of 2021 which was in line with their and analysts expectations. Within those results sales of Saucony went up almost 60% due to COVID-19 pandemic restrictions increasing the purchase of more running shoes.
Originally reported by Footwear News.
Craig Payne
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University lecturer, writer, runner, cynic, researcher, skeptic, forum admin, science communicator, woo basher, clinician, rabble-rouser, blogger, dad.
