USA: Wolverine Realignment Leads To Closures
Wolverine World Wide Inc, manufacturer of Wolverine, Caterpillar, Hush Puppies, Merrell, Harley-Davidson and Coleman brands, has realigned its sourcing and factory holdings and is to close facilities in Canada, Missouri, New York, Puerto Rico and Costa Rica. Wolverine does not expect the full benefit of the realignment to be realised until further into 2001, but does believe that it will strengthen margins and provide additional funds to support marketing programmes for the brands.
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