The new owner of Rockport is Authentic Brands Group.
Details of the Acquisition
The Rockport Group, a well-known footwear company, was acquired by Authentic Brands Group (ABG) in 2023. This acquisition brought the established Rockport brand into ABG's extensive portfolio of consumer brands.
Here's a quick summary of the key details:
| Aspect | Detail |
|---|---|
| Acquirer | Authentic Brands Group |
| Acquired | The Rockport Group |
| Year | 2023 |
About Authentic Brands Group
Authentic Brands Group (ABG) is a global brand development, marketing, and entertainment company. It specializes in acquiring, managing, and building the long-term value of consumer brands across various sectors, including:
- Fashion and Lifestyle
- Sports and Entertainment
- Home and Travel
ABG's business model involves partnering with leading manufacturers, distributors, and retailers to extend its brands into new categories, channels, and territories. Their portfolio includes a wide array of iconic brands, making them a significant player in the brand management industry. The acquisition of Rockport aligns with ABG's strategy of expanding its presence in the footwear and lifestyle market.
