Latest news with #WolverineWorldWide
Yahoo
a day ago
- Business
- Yahoo
Authentic brings Sperry back to UK and Ireland
This story was originally published on Fashion Dive. To receive daily news and insights, subscribe to our free daily Fashion Dive newsletter. Authentic Brands Group signed a new deal with Gardiner Bros to reintroduce the Sperry brand to the U.K. and Ireland, according to a Tuesday release. Under the agreement, Gardiner Bros will serve as the official distributor of Sperry footwear for men and women. This is Sperry's first licensee in the U.K. and Ireland since Authentic's acquisition of the brand in 2024, according to a spokesperson. Also Tuesday, Authentic announced the appointment of former Amazon exec Tim Derner as global head of its marketplaces division. Dener was most recently director of Amazon Fashion and Luxury Stores. Sperry's previous parent company, Wolverine World Wide, distributed the brand in the U.K. and Ireland through a deal with Fabulous Footwear. The Sperry brand has longstanding market appeal in the region, and the deal with Gardiner Bros brings Sperry back to a market where it holds 'strong awareness and affinity,' Authentic said in the release. In addition, Ben Gardiner, chief product officer at Gardiner Bros, said boat shoes 'are having a real resurgence.' The move builds on Authentic's continuing global expansion. In May, the company announced that it would bring its Rockport brand to the U.K. and Ireland through a men's and women's footwear distribution deal with Chapters Brand Group. The company also extended its Boardriders Japan license in June and announced a South Africa partnership for its Ted Baker brand in December. Last year, Authentic hired its first general manager for Africa. The company also brought in its first Australia-based employee to be the new head of Australia and New Zealand. Meanwhile, Derner, who started his role on June 2, is expected to help push Authentic's global distribution strategy, particularly in terms of 'strengthening partnerships, accelerating brand reach and driving incremental value across platforms,' per the release. While at Amazon, he worked with Authentic to 'significantly expand the online presence and retail sales' of brands including Reebok, Brooks Brothers, Eddie Bauer and Aéropostale in Amazon stores. In his new role, Derner will report to newly appointed president Matt Maddox. 'Marketplaces are a critical engine for long-term brand growth,' said Maddox. 'Tim's track record of building high-performing teams and scaling digital marketplaces worldwide makes him the ideal leader to deepen our capabilities in this space. His appointment marks a significant step in making this channel a cornerstone of our global distribution strategy.' Derner's former employer Amazon was one of the investors, alongside Authentic, in the January acquisition of the Neiman Marcus Group by Saks Global, parent company of Saks Fifth Avenue. Authentic also launched a joint venture with Saks Global in October 2024 called Authentic Luxury Group, which was created to explore licensing opportunities and drive growth for Saks Global as well as Authentic-owned brands including Barneys New York, Judith Leiber, Hervé Léger and Vince. Recommended Reading Rebag joins forces with Luxury Stores at Amazon Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Wolverine Worldwide Earns Great Place To Work Certification™
ROCKFORD, Mich., June 17, 2025--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced it is a Great Place To Work® Certified™ company, underscoring its commitment to prioritizing employee experience and cultivating an amazing company culture across its U.S. operations. This year 88% of U.S.-based Wolverine Worldwide employees said the Company is a great workplace, 33 percentage points higher than the average company. The Great Place To Work Certification distinguishes employers that prioritize employee experience, based on employees' survey feedback on trust, camaraderie, and appreciation in the workplace. "Being a Certified great workplace is a testament to the culture we've built together at Wolverine Worldwide," said Chris Hufnagel, President and Chief Executive Officer of Wolverine Worldwide. "This recognition validates the amazing spirit of our team – a team that's committed to fulfill our vision to Make. Every Day. Better. and to create not just a great place to work, but a place where people can grow, lead, and leave a lasting impact." Wolverine Worldwide scored particularly higher than the industry average in team, camaraderie, hospitality and justice categories: 91% of respondents believe management promotes inclusive behavior, avoids discrimination, and is committed to fair treatment of its employees. 87% of respondents have a sense of enjoyment in the workplace thanks to a hospitable work environment, freedom to express themselves, and sense of community among team members. 87% of respondents feel a sense of pride in their team's accomplishments and are willing to give extra for the benefit of their team. "By successfully earning this recognition, it is evident that Wolverine Worldwide stands out as one of the top companies to work for, providing a great workplace environment for its employees," said Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. Being Certified by Great Places to Work comes on the heels of Wolverine Worldwide being recognized by Forbes as one of America's Dream Employers and America's Best Midsize Employers, and by Inspiring Workplaces as one of the Most Inspiring Workplaces in North America. These achievements are credited to Wolverine Worldwide's prioritization of creating great workspaces and launching employee resource groups (ERGs) to foster connectivity among team members. Since 2023, Wolverine Worldwide has upgraded its global workspaces to attract and retain top-tier talent, including: Renovating 40,000-square feet at its global headquarters in Rockford, MI, to create a new headquarters for its Merrell and Saucony brands (May 2025) Opening a new 11,000-square-foot Innovation Hub in Boston, MA (November 2024) Opening new Office Space in Zhuhai, China (October 2024) Opening new Office Space in Hong Kong (September 2024) Renovating its European Headquarters in King's Place, London (June 2023) On-site amenities offered at its global headquarters include subsidized daycare and early education center for children, fitness centers including personal training and group classes taught by certified personal trainers, hiking and nature trails, subsidized cafeteria, and dog daycare options. In 2024, Wolverine Worldwide launched ERGs to connect team members centered around a shared interest. The voluntary, employee-led groups promote inclusivity, build community, and provide personal and professional support to its members. Current ERGs include: PRIDE, Wolverine Military and Veterans, Wolverine United, Wolverine Young Professionals, Womxn's Resource Community, and Working Moms. For more information on careers at Wolverine Worldwide, visit: ABOUT WOLVERINE WORLDWIDE Founded in 1883, Wolverine World Wide, Inc. (NYSE:WWW) is one of the world's leading designers, marketers, and licensors of branded casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform footwear. The Company's portfolio includes Merrell®, Saucony®, Sweaty Betty®, Hush Puppies™, Wolverine®, Chaco®, Bates®, HYTEST®, and Stride Rite®. Wolverine Worldwide is also the global footwear licensee of the popular brands Cat® and Harley-Davidson®. Based in Rockford, Michigan, for more than 140 years, the Company's products are carried by leading retailers in the U.S. and globally in approximately 170 countries and territories. For additional information, please visit our website, ABOUT GREAT PLACE TO WORK CERTIFICATION™ Great Place To Work® Certification™ is the most definitive "employer-of-choice" recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work-Certified. ABOUT GREAT PLACE TO WORK® As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List. View source version on Contacts Emma Wach, (630) 390-8474 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
5 days ago
- Business
- Business Wire
Wolverine Worldwide Earns Great Place To Work Certification™
BUSINESS WIRE)-- Wolverine World Wide, Inc. (NYSE: WWW) today announced it is a Great Place To Work® Certified™ company, underscoring its commitment to prioritizing employee experience and cultivating an amazing company culture across its U.S. operations. This year 88% of U.S.-based Wolverine Worldwide employees said the Company is a great workplace, 33 percentage points higher than the average company. The Great Place To Work Certification distinguishes employers that prioritize employee experience, based on employees' survey feedback on trust, camaraderie, and appreciation in the workplace. 'Being a Certified great workplace is a testament to the culture we've built together at Wolverine Worldwide,' said Chris Hufnagel, President and Chief Executive Officer of Wolverine Worldwide. 'This recognition validates the amazing spirit of our team – a team that's committed to fulfill our vision to Make. Every Day. Better. and to create not just a great place to work, but a place where people can grow, lead, and leave a lasting impact.' Wolverine Worldwide scored particularly higher than the industry average in team, camaraderie, hospitality and justice categories: 91% of respondents believe management promotes inclusive behavior, avoids discrimination, and is committed to fair treatment of its employees. 87% of respondents have a sense of enjoyment in the workplace thanks to a hospitable work environment, freedom to express themselves, and sense of community among team members. 87% of respondents feel a sense of pride in their team's accomplishments and are willing to give extra for the benefit of their team. 'By successfully earning this recognition, it is evident that Wolverine Worldwide stands out as one of the top companies to work for, providing a great workplace environment for its employees," said Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. Being Certified by Great Places to Work comes on the heels of Wolverine Worldwide being recognized by Forbes as one of America's Dream Employers and America's Best Midsize Employers, and by Inspiring Workplaces as one of the Most Inspiring Workplaces in North America. These achievements are credited to Wolverine Worldwide's prioritization of creating great workspaces and launching employee resource groups (ERGs) to foster connectivity among team members. Since 2023, Wolverine Worldwide has upgraded its global workspaces to attract and retain top-tier talent, including: Renovating 40,000-square feet at its global headquarters in Rockford, MI, to create a new headquarters for its Merrell and Saucony brands (May 2025) Opening a new 11,000-square-foot Innovation Hub in Boston, MA (November 2024) Opening new Office Space in Zhuhai, China (October 2024) Opening new Office Space in Hong Kong (September 2024) Renovating its European Headquarters in King's Place, London (June 2023) On-site amenities offered at its global headquarters include subsidized daycare and early education center for children, fitness centers including personal training and group classes taught by certified personal trainers, hiking and nature trails, subsidized cafeteria, and dog daycare options. In 2024, Wolverine Worldwide launched ERGs to connect team members centered around a shared interest. The voluntary, employee-led groups promote inclusivity, build community, and provide personal and professional support to its members. Current ERGs include: PRIDE, Wolverine Military and Veterans, Wolverine United, Wolverine Young Professionals, Womxn's Resource Community, and Working Moms. For more information on careers at Wolverine Worldwide, visit: Founded in 1883, Wolverine World Wide, Inc. (NYSE:WWW) is one of the world's leading designers, marketers, and licensors of branded casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform footwear. The Company's portfolio includes Merrell®, Saucony®, Sweaty Betty®, Hush Puppies™, Wolverine®, Chaco®, Bates®, HYTEST®, and Stride Rite®. Wolverine Worldwide is also the global footwear licensee of the popular brands Cat® and Harley-Davidson®. Based in Rockford, Michigan, for more than 140 years, the Company's products are carried by leading retailers in the U.S. and globally in approximately 170 countries and territories. For additional information, please visit our website, Great Place To Work® Certification™ is the most definitive 'employer-of-choice' recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work-Certified. ABOUT GREAT PLACE TO WORK® As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List.
Yahoo
05-06-2025
- Business
- Yahoo
3 Stocks That May Be Undervalued According To Analysts In June 2025
As the United States stock market experiences modest gains amid ongoing trade negotiations and economic data releases, investors are keenly observing the potential impacts of these developments on various sectors. In this environment, identifying undervalued stocks can offer opportunities for growth, especially when considering companies that may benefit from improving trade relations and strong corporate earnings. Name Current Price Fair Value (Est) Discount (Est) Wolverine World Wide (WWW) $16.65 $32.45 48.7% Verra Mobility (VRRM) $24.29 $47.93 49.3% Valley National Bancorp (VLY) $8.68 $17.32 49.9% TXO Partners (TXO) $15.00 $29.94 49.9% Peoples Financial Services (PFIS) $47.40 $93.66 49.4% MetroCity Bankshares (MCBS) $27.37 $53.18 48.5% Horizon Bancorp (HBNC) $14.67 $29.11 49.6% Hims & Hers Health (HIMS) $53.61 $106.29 49.6% Central Pacific Financial (CPF) $26.43 $51.99 49.2% Arrow Financial (AROW) $25.06 $49.74 49.6% Click here to see the full list of 160 stocks from our Undervalued US Stocks Based On Cash Flows screener. Let's review some notable picks from our screened stocks. Overview: Teradyne, Inc. is a company that designs, develops, manufactures, and sells automated test systems and robotics products across various regions including the United States, Asia Pacific, Europe, the Middle East, and Africa with a market cap of approximately $13.07 billion. Operations: The company's revenue is primarily derived from its Semiconductor Test segment at $2.23 billion and Robotics segment at $346.18 million. Estimated Discount To Fair Value: 12.2% Teradyne is trading 12.2% below its estimated fair value of US$93.42, suggesting it may be undervalued based on cash flows. Recent earnings growth of 34.3% and a forecasted annual profit growth rate of 18.1%, faster than the US market average, support this view. The company has also completed significant share buybacks worth US$759.63 million, enhancing shareholder value while maintaining strong revenue performance with Q1 sales at US$685.68 million. According our earnings growth report, there's an indication that Teradyne might be ready to expand. Get an in-depth perspective on Teradyne's balance sheet by reading our health report here. Overview: MINISO Group Holding Limited is an investment holding company involved in the retail and wholesale of lifestyle and pop toy products across China, Asia, the Americas, Europe, Indonesia, and other international markets with a market cap of approximately $5.26 billion. Operations: The company's revenue segments include the MINISO Brand, excluding Africa and Germany, which generated CN¥16.60 billion, and the TOP TOY Brand, which contributed CN¥1.12 billion. Estimated Discount To Fair Value: 40.8% MINISO Group Holding is trading at US$18.17, significantly below its estimated fair value of US$30.69, highlighting potential undervaluation based on cash flows. With earnings projected to grow 21.7% annually, exceeding the US market average, and a strong return on equity forecasted at 27%, the company shows promising financial health despite a dividend not fully covered by free cash flows. Recent strategic expansions and share buybacks further strengthen its position in the market. Our expertly prepared growth report on MINISO Group Holding implies its future financial outlook may be stronger than recent results. Click here and access our complete balance sheet health report to understand the dynamics of MINISO Group Holding. Overview: REV Group, Inc. designs, manufactures, and distributes specialty vehicles and related aftermarket parts and services in North America and internationally, with a market cap of approximately $1.92 billion. Operations: REV Group's revenue segments include the design, manufacturing, and distribution of specialty vehicles and related aftermarket parts and services across North America and international markets. Estimated Discount To Fair Value: 24.4% REV Group is trading at US$42.94, well below its estimated fair value of US$56.82, suggesting undervaluation based on cash flows. Despite a forecasted revenue growth of 5.9% per year, slower than the market average, earnings are expected to grow significantly at 25.2% annually, surpassing market expectations. Recent earnings guidance was raised with net income projected between US$88 million and US$107 million for 2025 amidst ongoing share buybacks enhancing shareholder value. Our earnings growth report unveils the potential for significant increases in REV Group's future results. Unlock comprehensive insights into our analysis of REV Group stock in this financial health report. Investigate our full lineup of 160 Undervalued US Stocks Based On Cash Flows right here. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TER MNSO and REVG. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Fashion United
03-06-2025
- Business
- Fashion United
Cat Footwear launches collection to honour Caterpillar's centennial anniversary
Cat Footwear, a division of Wolverine World Wide, Inc. and official footwear licensee of Caterpillar, is celebrating 100 years of innovation at the American construction, mining and other engineering equipment manufacturer with a limited-edition footwear collection. The Cat Footwear Centennial collection is described as a 'tribute to the monumental achievements that have defined the last century of engineering excellence,' and features three boots commemorating global achievements from the past century in which Caterpillar played an integral role: the Golden Gate Bridge, the Apollo 11 Moon Landing, and the Channel Tunnel System. Thomas Kennedy, group president of Wolverine Work, said in a statement: "For the past century, Caterpillar Inc. has shaped the infrastructure of our world - building bridges that define cities, digging tunnels that unite nations, and enabling space-age communications. "Each boot in the collection is crafted as a tribute to the monumental feats that have shaped our world. They represent more than just our legacy; they symbolise our enduring commitment to building connections and breaking new ground." The limited-edition collection is available on the Cat Footwear website and includes the 'Golden Gate Bridge Boot,' which features an overbuilt structural cage and "cable system" reminiscent of the bridge's iconic design, as well as gold hardware and detailing in a nod to the bridge's infamous name. The 'Apollo 11 Boot' pays homage to the historic moon landing, featuring a stacked sole that is extremely lightweight, inspired by the gear of lunar explorers, as well as brushed, dusty colouring to mimic the appearance of the initial steps on the moon, while the 'Channel Tunnel Boot' honours the construction that united the UK with the European mainland, featuring a functioning headlight and sole lights that mimic trains speeding through a tunnel.
