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Jun 21, 2023 · Rockport Total Motion DresSport shoes. Storied shoemaker The Rockport Co. surprised the industry last week when it declared bankruptcy and announced plans for a sale, but retail partners said the ...
- Jennie Bell
Aug 13, 2021 · Reebok drops The Pump basketball shoe, making Reebok a “household name” in basketball. Nike takes away Reebok’s title as the No. 1 seller of athletic shoes. Joe Foster retires from Reebok.
- Cara Salpini
Jul 26, 2023 · Rockport now has a big new family, and potentially the resources it needs to stage a turnaround.. As was widely anticipated, Authentic Brands Group — the New York-based parent company of more ...
- Jennie Bell
adidas launches additional share buyback program of up to € 1.5 billion to return cash proceeds to shareholders. First tranche of regular multi-year share buyback program completed on February 22. adidas announced today that as of February 28, 2022, it has formally completed the divestiture of Reebok to Authentic Brands Group (ABG).
Aug 12, 2021 · Aug. 12, 2021. After announcing in February 2021 that Adidas had plans to sell off Reebok to a new owner, the global sportswear company finally struck a (very large) deal. On Thursday, Aug. 12 ...
- Maria Bobila
Aug 12, 2021 · The acquisition of Reebok for 2.1 billion euros, or $2.5 billion, comes as Authentic is preparing to go public. “We’ve had our sights set on Reebok for many years,” the chief executive of ...
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Dec 15, 2020 · Thus, Adidas’ decision to put Reebok up for sale did not come as a surprise to some analysts — with some sources adding that the brand could fetch only about $1 billion in a deal today.