Wolverine Acquires Sweaty Betty for $410 Million as It Looks to …

Aug 3, 2021 · Wolverine World Wide is furthering its goal to expand its digital presence with the acquisition of fitness lifestyle brand Sweaty Betty. The all-cash deal, valued at about $410 million, closed on ...

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Wolverine Acquires Sweaty Betty For $410 Million As It Looks To …

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Wolverine Worldwide Buys Sweaty Betty For $410 Million

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Aug 3, 2021 · The footwear retailer is adding premium women's activewear brand Sweaty Betty to its portfolio as it expands its categories, geographies and online sales.

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Wolverine World Wide Acquires Sweaty Betty For $410 Million

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Aug 3, 2021 · Wolverine World Wide Inc. today said that it has acquired global fitness and lifestyle brand Sweaty Better in an all-cash transaction valued at $410 million.

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Wolverine Acquires Sweaty Betty For $410 Million As It Looks To …

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Aug 3, 2021 · The company makes a big move into the hot activewear business.

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Wolverine World Wide Acquires Sweaty Betty - Yahoo Finance

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Aug 3, 2021 · Wolverine World Wide Inc., the footwear giant, is making its first major foray into women’s apparel by purchasing Sweaty Betty in an all-cash transaction valued at $410 million.

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Wolverine World Wide Buys Athletic Brand Sweaty Betty In $410 …

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Aug 3, 2021 · Wolverine World Wide Inc. announced Tuesday that it has acquired British lifestyle brand Sweaty Betty in a $410 million all-cash deal. Wolverine funded the transaction with cash …

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Wolverine World Wide Acquires Activewear Brand Sweaty Betty …

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Aug 3, 2021 · The all-cash transaction is valued at approximately $410 million and closed on Monday. Founded in 1998, Sweaty Betty has quickly grown to become a global brand …

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Wolverine Buys Sweaty Betty For $410 Million - WSJ - The Wall …

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The maker of Wolverine boots and Keds sneakers is diving deeper into apparel with the acquisition of women’s activewear brand Sweaty Betty for about $410 million in cash, …

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London-founded Activewear Retailer Sweaty Betty Sold For $410m

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Aug 3, 2021 · Wolverine Worldwide, a Michigan-based company which operates a portfolio of footwear and lifestyle brands, has acquired all of the shares of a entity that owns the Sweaty …

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Wolverine Worldwide Acquires Women’s Activewear Brand Sweaty …

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Aug 3, 2021 · The all-cash transaction is valued at approximately $410 million and closed on August 2, 2021. ... Wolverine Worldwide Acquires Women’s Activewear Brand Sweaty Betty …

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Wolverine (WWW) Boosts Activewear With Sweaty Betty Buyout

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Aug 4, 2021 · Wolverine closed the acquisition of Sweaty Betty on Aug 2, through an all-cash transaction valued at nearly $410 million. Shares of the company were up 4.7% during the …

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Sweaty Betty Sold To US Footwear Firm In $410m Deal

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Aug 4, 2021 · Sweaty Betty reported revenues of nearly £73 million in the year to the end of 2019 but Wolverine said sales in 2021, which have not previously been reported, were closer to …

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Wolverine Acquires Sweaty Betty Activewear Brand For $410 Million

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Aug 3, 2021 · Wolverine Worldwide is no longer just a footwear company. The owner of Merrell, Saucony and Sperry has acquired women’s activewear and lifestyle brand Sweaty Betty for …

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Wolverine Acquires Sweaty Betty For $410M - Front Office Sports

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Aug 3, 2021 · Wolverine Worldwide, a Michigan-based footwear company, has acquired Sweaty Betty, a women’s activewear brand, in an all-cash deal valued at roughly $410 million. …

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Wolverine (WWW) Boosts Activewear With Sweaty Betty Buyout

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Aug 4, 2021 · Wolverine (WWW) acquires fitness and lifestyle brand, Sweaty Betty, in an all-cash transaction valued at $410 million. ... Sweaty Betty, in an all-cash transaction valued at $410 …

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FAQs about Wolverine Acquires Sweaty Betty for $410 Million as It Looks to … Coupon?

Why did Wolverine Worldwide buy Sweaty Betty?

Wolverine Worldwide bought Sweaty Betty for $410 million to tap its expertise in apparel and the growing market for women’s premium activewear*. Sweaty Betty is expected to benefit from Wolverine’s footwear expertise and its experience in the U.S. market, which remains one of its key avenues for growth, despite recent store closures. ...

Does Wolverine own Sweaty Betty?

Wolverine World Wide Inc. has acquired global fitness and lifestyle brand Sweaty Betty in an all-cash transaction valued at $410 million. Based in London, the brand is on a mission to empower women with its size and race-inclusive message. ...

What is Sweaty Betty?

Sweaty Betty is a fashion and apparel brand. Wolverine World Wide, the company that owns brands like Keds, Hush Puppies, Merrell, Saucony, Stride Rite, Sperry, Harley-Davidson HOG 0.0% footwear and Wolverine, has acquired it for $410 million. ...

How much is Sweaty Betty Worth?

The all-cash transaction is valued at approximately $410 million and closed on August 2, 2021. Founded in 1998, Sweaty Betty has quickly grown to become a global brand designed by women for women. ...

Is Sweaty Betty a good fit for Wolverine?

Management expects Sweaty Betty to be a prudent fit in Wolverine’s portfolio. The deal aligns well with the company’s scope of broadening activewear offerings and boosting presence in international markets. It is also likely to support the company’s shift from a traditional wholesaler to a digital-focused apparel player. ...

Does Wolverine have strong sell-through?

Wolverine's future orders remain at historically high levels with strong sell-through at its retail partners.\. The footwear retailer is expanding its categories, geographies, and online sales by adding premium women's activewear brand Sweaty Betty to its portfolio. ...