Posts tagged as rockport

  • Friday, January 23rd 2015

    Adidas sells Rockport and reports satisfactory figures

    by Markus Huber

    As was rumored since last year, Adidas Group is now selling its Rockport brand of fashionable footwear. The buyer is a new company orchestrated by the institutional investor Berkshire Partners and New Balance, the U.S. sports footwear and apparel brand. The German group is set to divest Rockport for a total of $280 million. New Balance will invest via […]

  • footwear

    Monday, May 5th 2014

    Adidas puts Rockport on the block, report says; weak start to world cup year


    Dow Jones Newswires writes that Adidas intends to divest Rockport, its brand of fashionable footwear which it acquired in the package with Reebok back in 2005. DJN mentions sources close to the matter and hints that Guggenheim Partners has been assigned to find a buyer. Rockport’s sales were €289 million last year with estimated earnings […]

  • Wednesday, March 14th 2012

    Jack Wolfskin appoints Adidas veteran chief executive

    by Markus Huber

    Jack Wolfskin announced today that Michael Rupp will be its new chief executive effective July 1. The 51-year-old has served the Adidas Group in various positions and has been in the industry for more than two decades. Most recently he has acted as president and CEO of Adidas’ Boston-based subsidiary, The Rockport Company. He will […]