Global revenue of Wolverine Worldwide, by business segment 2020-2022

Published by
D. Tighe,
Mar 24, 2023
Footwear manufacturer Wolverine Worldwide's Active Group segment continues to generate the largest business revenue for the company, accounting for nearly 60 percent of the company's total revenue at approximately 1.57 billion U.S. dollars in 2022, up from approximately 1.32 billion U.S dollars in 2021. The American company, which also sells sporting apparel and accessories, is known for its eponymous brand, Wolverine Boots and Shoes. It also owns a portfolio of brands including Hush Puppies, Merrell, and Bates.

Global revenue of Wolverine Worldwide from 2020 to 2022, by business segment (in million U.S. dollars)

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Release date

March 2023

Region

United States

Supplementary notes

Wolverine Worldwide announced changes to its reportable segments in the fourth quarter of 2022. The new reportable segments relevant to this graph are: Active Group, consisting of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. Work Group, consisting of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Harley-Davidson footwear and HYTEST safety footwear. Lifestyle Group, consisting of Sperry footwear, Keds footwear, and Hush Puppies footwear and apparel. Others, consisting of the company's leather marketing operations, sourcing operations, and the Stride Rite licensed business.

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