Adidas sells Rockport to New Balance and co.

2015-02-03T00:00:00

New Balance will form a new company with Berkshire Partners that will take over The Rockport Company from the Adidas Group. The new company will also acquire the Drydock Footwear business of New Balance, which comprises its three main brands of casual and comfort shoes: Aravon, Dunham and Cobb Hill.

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