Wolverine sells Keds to North American retailer

By 2023-02-10T09:46:00

WOLVERINE-WORLDWIDE-INC.1

Wolverine Worldwide has divested Keds, which it acquired in 2012 as part of its $1,249.5 million acquisition of the assets of the former Performance Lifestyle Group (PLG), for $83.6 million in cash to North American retailer Designer Brands Inc. The sale also includes the Pro-Keds athleisure brand and Keds’ e-commerce ...

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