Rockport news and archive

Authentic Brands Group acquires Rockport

Authentic Brands Group (Authentic), the global brand development, marketing and entertainment platform that owns Ted Baker, has acquired US footwear brand Rockport, which filed for Chapter 11 in June. In a statement, Authentic said that Rockport would expand its diverse footwear portfolio, offering “comfort and technical product innovation,”...

Business

Rockport and Reef to transition Canadian businesses to distributor model

The Rockport Company, LLC and its subsidiary Reef Lifestyle LCC have entered into an agreement with Canadian logistics and distribution company Trend Marketing to transition its Canadian businesses to a distributor model. The transaction is expected to close for Rockport’s brands (Rockport, Aravon, Dunham) on May 1 and for Reef on June 1. “Trend...

Business

Charlesbank completes acquisition of Rockport

Charlesbank Capital Partners has completed the acquisition of The Rockport Group, the company which owns footwear brands Rockport, Arabon and Dunham. “Affiliates of Charlesbank, in partnership with management, have acquired substantially all the assets of the company, including the North American wholesale and e-commerce operations, all of...

Business

The Rockport Group seeking approval to sell company to Charlesbank

The Rockport Group, which owns footwear brands Rockport, Aravon and Dunham, announced that it is seeking approval from the US Bankruptcy Court to complete the sale of all its assets to CB Marathon Opco LLC, an affiliate of Charlesbank Capital Partners. ”With the financial strength, consumer expertise and support of Charlesbank, Rockport will be...

Business|REPORT Featured

Adidas FY14 sales rise

Shares of Adidas AG gained around 4 percent in Germany after the Sports goods giant reported Friday higher sales in fiscal 2014, with both top and bottom-line reaching financial targets on an underlying basis. The company also announced a definitive deal to sell its Rockport business for 280 million dollars. In its financial update, the company...