Wolverine Worldwide Q3: Saucony narrows the gap to Merrell as Wolverine raises its outlook
Saucony grew almost 20 percent in the third quarter while discounting less than a year ago, and accounted for most of the group’s higher revenue forecast. Merrell kept growing through lifestyle doors, while Sweaty Betty’s decline steepened in a tougher UK activewear market. Saucony is closing the gap on Merrell…