Wolverine Worldwide buys Sweaty Betty for $410 million - CNBC

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 Worldwide Buys Sweaty Betty For $410 Million - CNBC

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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 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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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. Shop Our Favorite …

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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 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 …

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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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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 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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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 World Wide’s $410m Acquisition Of Sweaty Betty

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Nov 21, 2021 · Publicly-traded American footwear brand Wolverine Worldwide recently acquired a British women’s activewear brand in an all-cash $410 million offer. Though Wolverine operates …

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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 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. …

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Footwear Company Wolverine Worldwide Buys Lululemon …

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Footwear company Wolverine Worldwide buys Lululemon competitor Sweaty Betty for $410 million. cnbc. comments sorted by Best Top New Controversial Q&A Add a Comment ...

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FAQs about Wolverine Worldwide buys Sweaty Betty for $410 million - CNBC Coupon?

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. ...

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. ...

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. ...

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. ...

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. ...

Where can I buy Sweaty Betty products?

In addition to its website which services customers globally, Sweaty Betty has shops in the UK and Asia, in addition to being in Selfridges, Harrods and shop-in-shops in over 99 Nordstrom stores across North America. The brand’s products can also be found at leading retailers all over the world. ...