Wolverine World Wide Inc /De/ (NYSE: WWW)

Wolverine World Wide, Inc. is a leading designer marketer and licensor of a broad range of quality casual footwear and apparel performance outdoor and athletic footwear and apparel kids footwear industrial work boots and apparel and uniform shoes and boots.

The company markets its products worldwide in approximately 170 countries and territories through owned operations in the United States Canada the United Kingdom and certain countries in continental Europe and Asia Pacific.

In other regions it relies on a network of third party distributors licensees and joint ventures.

The company generates revenue from the sale of branded footwear apparel and accessories to wholesale retailers distributors and its own direct to consumer channels.

It also earns income from licensing arrangements with third parties and from commission revenue generated by its sourcing division.

The company operates through the following segments: Active Group and Work Group.

• The Active Group includes Merrell footwear and apparel Saucony footwear and apparel Sweaty Betty activewear and Chaco footwear focusing on outdoor performance and lifestyle products.

• The Work Group comprises Wolverine footwear and apparel Cat footwear Bates uniform footwear Harley Davidson footwear and HYTEST safety footwear serving workers in trades construction and first responder roles.

Wolverine World Wide Inc holds a strong position in the competitive footwear and apparel market leveraging its portfolio of well recognized brands proprietary comfort technologies and a diversified global distribution network.

Its main competitors include Nike Adidas VF Corporation and Deckers Outdoor Corporation while its advantages stem from brand heritage product innovation and a flexible sourcing model.

The company serves a diverse customer base that includes wholesale distributors department stores specialty retailers independent shoe stores and consumers who purchase through its branded electronic commerce sites and physical retail stores.