Hush Puppies

SugarCRM Announces 2024 Customer Breakthrough Award Winners

Retrieved on: 
Monday, January 22, 2024
Data Management, Technology, Professional Services, Marketing, Communications, Digital Marketing, Apps, Applications, Data Analytics, Software, Artificial Intelligence, Internet, Hush, Swedish Institute, ERP, Black Friday, Data management, Hush Puppies, Culture, Partnership, Empresas ADOC, Cyber Monday, Amazon Web Services, Intelligence, Sugar, AI, Water, Communication, Joint, Growth, ADOC, MAC, CRM, Experience, SugarCRM, Automation, CAT, FAMO, News, Sales

Customer Experience Breakthrough Award – Empresas ADOC , a Central American retail company, is recognized for using SugarCRM to drive business growth and improve customer engagement.

Key Points: 
  • Customer Experience Breakthrough Award – Empresas ADOC , a Central American retail company, is recognized for using SugarCRM to drive business growth and improve customer engagement.
  • Marketing Excellence Breakthrough Award – The Swedish Institute (SI) , a Swedish government agency, is recognized for its innovative approach to data management and customer engagement.
  • Customer of the Year Breakthrough Award (Asia Pacific) – zazen Water , a provider of alkaline water solutions in Australia, is recognized for its use of SugarCRM to support business growth and customer satisfaction.
  • “We’re pleased to announce the winners of the 2024 SugarCRM Customer Breakthrough Awards,” said Chris Pennington, Chief Customer Officer, SugarCRM.

Wolverine Worldwide Affirms Preliminary 2023 Financial Results in Line With Guidance

Retrieved on: 
Monday, January 8, 2024
Fashion, Retail, Footwear, Department Stores, Specialty, Hush, Conference, Hush Puppies, Sale, Wolverine World Wide, Merrell, Bank statement, Wolverine, Net, Growth, GAAP, Keds, Cryptocurrency

“For the fourth quarter and full year, we expect to deliver financial results in line with our guidance – while achieving better-than-anticipated year-end debt and inventory levels.

Key Points: 
  • “For the fourth quarter and full year, we expect to deliver financial results in line with our guidance – while achieving better-than-anticipated year-end debt and inventory levels.
  • This release does not present all necessary information for an understanding of the Company’s full year and fourth quarter fiscal 2023 results and the Company’s financial condition as of December 30, 2023.
  • Measures referred to in this release as “adjusted” financial results and the financial results of the "ongoing business" are non-GAAP measures.
  • The financial results of the ongoing business exclude financial results from the Keds business, Wolverine Leathers business and reflect an adjustment for the transition of our Hush Puppies North America business to a licensing model in the second half of 2023.

Wolverine Worldwide Advances Transformation Initiatives

Retrieved on: 
Monday, December 18, 2023
Fashion, Footwear, Retail, Luxury, Other Retail, Specialty, Hush, Annual, NYSE, Wolverine World Wide, Hush Puppies, Exercise, Merrell, Marketing, Keds, Conference, Wolverine, Xtep, Hong Kong, Saucony

Wolverine World Wide, Inc. (“Wolverine Worldwide” or the “Company”) (NYSE: WWW) announced strategic actions that further focus the Company’s portfolio and advance its ongoing transformation into a consumer-obsessed growth company.

Key Points: 
  • Wolverine World Wide, Inc. (“Wolverine Worldwide” or the “Company”) (NYSE: WWW) announced strategic actions that further focus the Company’s portfolio and advance its ongoing transformation into a consumer-obsessed growth company.
  • Wolverine Worldwide formed a joint venture with Xtep in 2019 to launch the Merrell and Saucony brands in China.
  • Wolverine Worldwide has entered into a definitive agreement to sell its Asia-based Wolverine Leathers business to Interhides Public Company Limited, a current materials vendor of the Company, for approximately $9 million.
  • Wolverine will provide more detail regarding these actions and other strategic initiatives at the Annual ICR Conference on January 8, 2024.

Wolverine Worldwide Accelerates Transformation Initiatives

Retrieved on: 
Thursday, November 9, 2023
Retail, Footwear, Fashion, Hush, Sale, Wolverine World Wide, NYSE, Electron capture, Hush Puppies, Sperry, Video game, Keds

Wolverine World Wide, Inc. (NYSE: WWW) today announced actions to further its ongoing strategic transformation into a brand-led and consumer-obsessed growth company.

Key Points: 
  • Wolverine World Wide, Inc. (NYSE: WWW) today announced actions to further its ongoing strategic transformation into a brand-led and consumer-obsessed growth company.
  • “We are taking decisive steps to stabilize the business by divesting non-core assets, paying down debt, reducing inventory, and right-sizing our cost structure.
  • To date, the Company has identified initiatives that are expected to deliver $215 million in annualized savings, including a global workforce restructuring announced today.
  • In a separate press release today, Wolverine Worldwide reported financial results for the third quarter of 2023.

Wolverine Worldwide Continues Brand Portfolio Transformation

Retrieved on: 
Friday, September 1, 2023
Fashion, Supply Chain Management, Footwear, Online Retail, Retail, Catalog, Hush, Wolverine World Wide, Hush Puppies, DSW, Sale, NYSE, Wolverine, License, New Balance

Wolverine World Wide, Inc. (NYSE: WWW) today announced additional steps in the ongoing transformation of its brand portfolio, including the sale of the Hush Puppies intellectual property in China, Hong Kong, and Macau, and the sale of the U.S. Wolverine Leathers business.

Key Points: 
  • Wolverine World Wide, Inc. (NYSE: WWW) today announced additional steps in the ongoing transformation of its brand portfolio, including the sale of the Hush Puppies intellectual property in China, Hong Kong, and Macau, and the sale of the U.S. Wolverine Leathers business.
  • “These transactions are the latest actions in our ongoing effort to reshape our portfolio and target our most meaningful opportunities,” said Mike Stornant, Executive Vice President and Chief Financial Officer of Wolverine Worldwide.
  • Wolverine will continue to own and operate the Hush Puppies brand throughout the rest of the world.
  • The Company assigned Wolverine’s U.S. tannery contracts to New Balance, and continues to explore alternatives for the non-U.S. Wolverine Leathers business.

Wolverine Worldwide Sells Keds Brand to Designer Brands, Inc.

Retrieved on: 
Wednesday, February 8, 2023
Online Retail, Fashion, Other Retail, Retail, Footwear, Hush, Wolverine World Wide, Designer Brands, Hush Puppies, Warner, Wolverine, NYSE, Sale, DBI, DSW, Honigman LLP, Solomon Partners, Keds

We are confident this will place Wolverine on an accelerated path to improved profitability and long-term shareholder value creation,” said Brendan Hoffman, Wolverine Worldwide’s President and Chief Executive Officer.

Key Points: 
  • We are confident this will place Wolverine on an accelerated path to improved profitability and long-term shareholder value creation,” said Brendan Hoffman, Wolverine Worldwide’s President and Chief Executive Officer.
  • The Keds brand sale closed effective February 4, 2023, and the Hush Puppies license is anticipated to be effective as of July 1, 2023.
  • Honigman LLP and Warner, Norcross + Judd LLP served as legal advisors to Wolverine Worldwide.
  • Solomon Partners served as financial advisor to Designer Brands, Inc., with Thompson Hine LLP as legal advisors.

Designer Brands Inc. Furthers Owned Brand Strategy, Leveraging its Unique Business Model

Retrieved on: 
Wednesday, February 8, 2023
Hush, Designer Brands, Woman, Presidential Council on Nation Branding, Korea, Ecologic Brands, Inc., Hush Puppies, Athleisure, Warner, Wolverine, NYSE, Acquisition, Le Tigre, Dirty Dancing, DBI, DSW, Honigman LLP, Solomon Partners, Wolverine World Wide, DTC, Retail, Keds

COLUMBUS, Ohio, Feb. 8, 2023 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers and retailers of footwear and accessories, today announced several actions to strengthen its Owned Brands strategy.

Key Points: 
  • This expands Designer Brands' Owned Brands' reach into casual and athleisure footwear in the direct-to-consumer and wholesale channels, supplementing the recent additions of Le Tigre and Topo Athletic.
  • This acquisition also marks Designer Brands' first Owned Brand wholesale business within the kids footwear segment.
  • This will enable Designer Brands to explore future opportunities to leverage this expertise and infrastructure across other brands in its Owned Brands portfolio.
  • Designer Brands' unique business model, incorporating a portfolio of world-class owned brands and a market leading store and digital retail business powered by 30 million loyalty customers, allows the Company to work with highly valued brand partners like Wolverine Worldwide in ways only Designer Brands is able to do.

Wolverine Worldwide Announces New Brand Group Structure and Leadership Roles to Support Future Growth

Retrieved on: 
Wednesday, November 9, 2022
Marketing, Retail, Communications, Fashion, Hush, Nike, Wolverine World Wide, Weather, Unemployment, Risk, Work Group, Mighty Sports Apparel and Accessories, Company, Security (finance), Ten Lifestyle Group, Abercrombie, NYSE, Environment, Terra, Multimedia, SEC, U.S. Securities and Exchange Commission, Compliance, Merrell, COVID-19, Social, Work, Sweaty Betty, Lead, Efficiency, Hush Puppies, Growth, Saucony, Defense Health Program Budget Activity Group, Intellectual property, Health, Investment, VF Corporation, PacSun, Record, Goal, Keds, General manager, VP, Abercrombie & Fitch, Renewable energy, Financial services, Pharmaceutical industry, Management, Leather, Shoemaking, Risk management, Wolverine, Cousin, HyTest Ltd

Kids footwear results from Saucony, Sperry, Keds, Merrell, Hush Puppies, and Cat will be reported within the applicable brand.

Key Points: 
  • Kids footwear results from Saucony, Sperry, Keds, Merrell, Hush Puppies, and Cat will be reported within the applicable brand.
  • In connection with reorganizing the brand group structure, the Company announced the following promotions and leadership appointments for three Company veterans:
    Chris Hufnagel has been appointed as President of the Active Group.
  • Prior to joining Wolverine Worldwide, Mr. Hufnagel held senior leadership roles at Under Armour, Gap, and Abercrombie & Fitch.
  • Prior to joining Wolverine Worldwide, Mr. Kennedy held senior leadership positions at Nike, Gap, Fossil, and PacSun.

Designer Brands Adds Le TIGRE to Growing Portfolio

Retrieved on: 
Tuesday, July 12, 2022
Hush, Shoe, Achievement, Goal, VIP, Security (finance), Designer Brands, American Outdoor Brands, Inc., U.S. Securities and Exchange Commission, LLC, Annual report, Multimedia, DBI, LE, Company, Partnership, Woman, Ownership, Private Securities Litigation Reform Act, DSW, The Shoe Company, Le Tigre, Men's Fashion Week Los Angeles, Kid Brands, Risk, Hilco Global, Converse (shoe company), Health, NYSE, Lucky Brand Jeans, Industry, Retail, Hush Puppies, Reebok

COLUMBUS, Ohio, July 12, 2022 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers, and retailers of footwear and accessories, today announced an investment in and licensing agreement with Le TIGRE 360 Global ("Le TIGRE"). This is another exciting step forward in the Company's growth as a brand builder and its plans to double sales of Owned Brands by 2026.

Key Points: 
  • COLUMBUS, Ohio, July 12, 2022 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one ofthe world'slargest designers, producers, and retailers of footwear and accessories, today announced an investment in and licensing agreement with Le TIGRE 360 Global ("Le TIGRE").
  • Designer Brands adds Le TIGRE to the Company's portfolio of Owned Brands, which allows Designer Brands to develop and produce product and provides the Company a unique opportunity to share premium athletic product with its customers.
  • "Le TIGRE has been a loved American apparel brand since 1977," said Bill Jordan, Designer Brands president.
  • "Le TIGRE 360 Global is thrilled about the strategic partnership with Designer Brands Inc.," said Ike S. Franco, Infinity Brands chief executive officer.

Designer Brands Debuts "Warehouse Reimagined" for Enhanced, Immersive Retail Store Experience

Retrieved on: 
Tuesday, May 10, 2022
Hush, Hush Puppies, DBI, Company, NYSE, The Shoe Company, Shoe, Lucky Brand Jeans, Partnership, Habit, Designer Brands, Authentic Brands Group, Multimedia, Ecologic Brands, Inc., Jessica Simpson, Life, National brand, DSW, Off Broadway Shoe Warehouse, Retail

COLUMBUS, Ohio and HOUSTON, May 10, 2022 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), parent of shoe retailer DSW Designer Shoe Warehouse, has unveiled its new "Warehouse Reimagined" retail store format, a step forward in putting customers, brands and speed at the forefront of the Company's business strategy. Debuting at a Houston-area DSW, Warehouse Reimagined showcases a proof-of-concept of differentiated omni-channel experiences for Designer Brands' 700-plus stores across North America. The new store experience elevates the Company's Owned Brands and product selections through modernized merchandising featuring shop-in-shops, full family offerings and head-to-toe lifestyle imagery. Warehouse Reimagined also highlights well-known National Brands with dedicated sections that prominently display products for easy viewing and selection by store customers.

Key Points: 
  • The new store experience elevates the Company's Owned Brands and product selections through modernized merchandising featuring shop-in-shops, full family offerings and head-to-toe lifestyle imagery.
  • "Warehouse Reimagined allows us to showcase our National Brands with shop-in-shops, together with Owned Brands and associated experiences that elevate brands in the eyes of the customer," says Designer Brands Chief Executive Officer, Roger Rawlins.
  • "This new store format is an immersive experience by the customer, for the customer and brings to bear our proven capability to retail brands the way customers want.
  • Designer Brands operates a portfolio of retail concepts in nearly 700 locations under the DSW Designer Shoe Warehouse, The Shoe Company, and Shoe Warehouse banners.