Wolverine Worldwide is again looking at new acquisition opportunities, but with 16 brands already in its portfolio, it is mainly targeting brands with an annual turnover of between $75 million and $100 million and the potential to reach the $500 million level. Company officials also told analysts at a recent Goldman Sachs conference that they want more action in e-commerce, while closing under-performing stores. Its brands currently operate 60-65 consumer-facing websites and partner with 200 distributors in e-commerce. All its brands will soon be on the Demandware platform.
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