Charlesbank Completes Rockport Purchase
Facilitated by last week’s $8 million settlement with Adidas over disputed obligations dating back to its 2015 sale of the company, Rockport emerged from bankruptcy under the new private equity ownership. As previously announced, the asset purchase included the Rockport wholesale and e-commerce operations, all of Rockport’s international operations and retail stores, and the Aravon and Dunham brands. North American retail stores were liquidated over the past three months.
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