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Jan 28 (Reuters) – Wolverine World Wide Inc (WWW.N) laid out plans to reorganize itself to better manage its portfolio brands and focus on international growth.

The company, which competes with Timberland Co (TBL.N), Deckers Outdoor Corp (DECK.O) and Skechers USA Inc (SKX.N), said it will form three branded wholesale operating groups to manage its brands, which include the Hush Puppies and Harley-Davidson Footwear range.

The company will also form a standalone International Group, which will be responsible for driving growth of its brands outside North America.

Wolverine shares closed at $32.03 on Thursday on the New York Stock Exchange. (Reporting by Nivedita Bhattacharjee in Bangalore; Editing by Sriraj Kalluvila)

Happy trading,

Curt