Wolverine World Wide (WWW) Offers Update on Strategic Initiatives

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Wolverine Worldwide Announces Progress On Strategic Initiatives

December 21, 2016 8:30 AM EST

ROCKFORD, Mich., Dec. 21, 2016 /PRNewswire/ -- Wolverine Worldwide (NYSE: WWW) today announced an update on the progress of its ongoing strategic initiatives, which includes the divestiture of its Robeez brand. 

Highlights of the update on strategic initiatives include:

Announcement of the WOLVERINE WAY FORWARD, a comprehensive strategic platform designed to drive growth and expand profitability in today's global marketplace Progress on expanding adjusted operating margin to a mid-term target of 12% through a healthier supply chain, omnichannel transformation, portfolio management, and operational efficiencies Strengthening of the capital... More