Wolverine Worldwide to Enter Colombian Market

As the second part of a business collaboration, Wolverine Worldwide is purchasing a 49 percent stake in Forus' existing Colombian business, Forus SA Colombia, which currently has the rights to Wolverine's Hush Puppies and Cushe brands in Colombia. Forus SA Colombia currently owns and operates 23 retail locations and sells directly to Colombia's most important department stores and specialty footwear retailers.