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Wolverine World Wide, Inc. Announces Joint Venture In India With Tata International Ltd
Wolverine World Wide, Inc. announced the formation of a joint venture with Tata International to market footwear and apparel in India. The new joint venture will initially be responsible for the wholesale distribution of Wolverine Worldwide's Merrell and Caterpillar Footwear brands. Wolverine Worldwide and Tata International will each hold a 50% stake in this new joint venture. As an additional element to the business arrangement, the joint venture will have an agreement with TRENT, another Tata Group company, which operates more than 50 department stores in India.
Latest Developments for Wolverine World Wide Inc
- Wolverine World Wide Inc Reaffirms FY 2013 Revenue Guidance-Conference Call
- Wolverine World Wide Inc Lowers High End Of Prior FY 2013 Revenue Guidance; Reaffirms FY 2013 EPS Guidance
- Wolverine World Wide Inc Issues FY 2013 Guidance; EPS Guidance Below Analysts' Estimates
- Wolverine World Wide Inc Revises FY 2012 Revenue Guidance To A Range Below Analysts' Estimates; Issues Q4 2012 Revenue Guidance
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