Rockport

Retail Asia03/08/2018

German-headquartered Adidas AG has agreed to a settlement in its Rockport bankruptcy dispute. Adidas bought Rockport as part of its takeover of Reebok in 2005 and sold the brand a decade later. Rockport was placed in Chapter 11 bankruptcy protection in May of this year, and in July a rescue plan was lodged by CB Marathon, an affiliate of […]

Retail Asia06/07/2018

Struggling footwear retailer Rockport Group has been rescued from Chapter 11 bankruptcy by private equity company Charlesbank Capital Partners. Subject to approval by the US Bankruptcy Court of Delaware, Charlesbank’s subsidiary CB Marathon will acquire substantially all of Rockport’s assets, including the global wholesale, independent and e-commerce operations and all of its Asian and European […]

Retail Asia21/11/2016

US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map). It has subscribed for Rp1.08 trillion (US$80.5 million) in bonds issued by Map which are convertible into shares in its F&B subsidiary Map Boga Adiperkasa (MBA), which runs Cold Stone Creamery, Godiva, Krispy Kreme, Pizza […]

Retail Asia25/11/2015

The world’s largest branded athletic and casual footwear manufacturer and retailer Yue Yuen Industrial says retail and wholesale sales of sportswear in Greater China rose 19.6 per cent in the first nine months of this year, due to an expanding store network. Yue Yuen operates more than 6000 retail stores and concessions across Greater China […]

Retail Asia24/10/2015

Shoe marketer Stella International has reported increased sales in the second quarter on the back of growing demand for sports fashion footwear. In the three months to September 30, consolidated revenue from its China retail business and its manufacturing operations amounted to US$569 million, up 4.3 per cent year on year. For the nine months […]

Tag: Rockport

Adidas Settles for $8 Million in Rockport Dispute

Footwear company Rockport saved from bancruptcy

US investor buys into Mitra Adiperkasa

Yue Yuen sales rise on retail rollout

Sports fashion demand drives Stella sales