The Wolverine Worldwide-owned women’s activewear brand turned a small profit last year, reporting net income of ₤573,586 ($0.7 mm) in 2024 against a loss of ₤10,554,277 the previous year, according to results filed with the U.K.’s Companies House. Revenues were off 3% to ₤140,417,498 ($180.0 mm) from ₤144,258,791, lapping a 14% decline in 2023 when U.S. wholesale operations were transferred out of the U.K. amid a broader restructuring and cost cuts. ... Log in to view full article.
