WWW - Wolverine World Wide's Bold Gambit: Divests Hush Puppies IP In China Hong Kong And Macau | Benzinga
Wolverine World Wide, Inc. (NYSE: WWW) inked a pact with its current sublicensee, Beijing Jiaman Dress Co., Ltd, to sell Hush Puppies intellectual property in China, Hong Kong, and Macau for $58.8 million.
Wolverine will continue to own and operate the Hush Puppies brand throughout the rest of the world.
"We continue to streamline our organization and become more efficient, so that we can direct greater ...