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

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

19 hours from now

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, …

wsj.com

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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.

cnbc.com

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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.

yahoo.com

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Wolverine World Wide Acquires Sweaty Betty For $410 Million

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Aug 3, 2021  · Sweaty Betty this year will do $250 million in sales, Hoffman said, adding that the business has more than doubled since 2019. “We know we need to think direct-to-consumer …

forbes.com

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

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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 …

yahoo.com

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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 …

marketwatch.com

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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 …

businessinsider.com

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Wolverine Gains On $410 Million Deal To Buy Sweaty Betty

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Aug 3, 2021  · News. Today's news; US; Politics; World; Tech. Reviews and deals ; Audio ; Computing ; Gaming

yahoo.com

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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. ... President of Wolverine Worldwide. “Sweaty Betty’s expertise and focus on …

nasdaq.com

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Wolverine Buys Sweaty Betty For $410 Million To Boost Activewear

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Aug 3, 2021  · Wolverine World Wide Inc. bought British fitness and lifestyle brand Sweaty Betty for $410 million to expand its business into the fast-growing activewear sector.. The U.S. …

bloomberg.com

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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 …

irishtimes.com

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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 …

standard.co.uk

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

19 hours from now

Aug 3, 2021  · L Catterton — the LVMH-backed private equity firm that bought footwear giant Birkenstock in a $4.8 billion deal in May — is selling Sweaty Betty to Wolverine. Sweaty Betty …

frontofficesports.com

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Wolverine Worldwide Buys Sweaty Betty For $410m

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Aug 3, 2021  · Wolverine Worldwide, which operates one of the world’s largest portfolios of footwear and lifestyle brands, today announced that it has acquired British women’s …

theindustry.fashion

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Sweaty Betty Sold For $410m As Pandemic Propels ‘athleisure’ Further

19 hours from now

Aug 3, 2021  · Sweaty Betty, the British womenswear company whose leggings and vest tops became wardrobe favourites during the pandemic, has been sold to a US-based shoemaker …

ft.com

FAQs about Wolverine Buys Sweaty Betty for $410 Million - WSJ - The Wall … Coupon?

Why did Wolverine World Wide buy Sweaty Betty?

Wolverine World Wide's acquisition of Sweaty Betty complements their strategic shift over the last several years from a traditional footwear wholesaler into a consumer-obsessed, digital-focused growth company and gives them a leadership position in the growing women’s activewear category. ...

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. ...

How much money does Sweaty Betty make a year?

Sweaty Betty, which was founded in the United Kingdom as a digital-first brand, now has 65 stores in the U.K. and Hong Kong. The company is expected to generate around $250 million in revenue this year. Online sales make up about 70% of this revenue, with 80% being sold directly to consumers. ...

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. ...

Does Sweaty Betty still exist?

The company said that she would now “continue to support the brand”, as well as remaining chair of the trustees of the Sweaty Betty Foundation. She and her husband, a former chief executive who became chair in 2019, both ceased to be directors as of August 2nd, according to Companies House filings. ...

Does Sweaty Betty sell online?

The chain is known for its bum-sculpting leggings and other active wear, and today Sweaty Betty sells online and has shops in the UK and Asia. The firm’s goods are also stocked in 99 Nordstrom stores across North America. ...

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