What has happened to Rockport shoes?

What has happened to Rockport shoes?

Berkshire Partners LLC, a Boston-based investment firm, together with New Balance Holding Inc., the investment arm of New Balance, completed the acquisition of The Rockport Company from the Adidas Group.

Why did Rockport go out of business?

On May 14, 2018, Rockport filed for Chapter 11 bankruptcy protection, citing a “costly and time-consuming separation” from their former owner, Adidas AG.

What brands does Rockport own?

The Rockport Group is home to the Rockport, Aravon and Dunham brands. With its diverse assortment of men’s and women’s footwear, products from The Rockport Group can be found in various retail channels in more than 50 countries worldwide.

Is Rockport expensive?

Rockport’s housing expenses are 15% higher than the national average and the utility prices are 22% higher than the national average. Transportation expenses like bus fares and gas prices are 4% lower than the national average. Rockport has grocery prices that are 14% lower than the national average.