2018
Flagship
Consumer
Newton, MA
Active
The Rockport Group has two divisions: Rockport and Reef. Founded in 1971, Rockport is a global designer, distributor, and retailer of men’s and women’s footwear, primarily under the namesake Rockport brand. An innovator in its industry, Rockport is known for combining the comfort of athletic shoes with the latest casual and dress styles. Reef sells beach-inspired sandals to department stores, surfing-focused retailers, sporting goods stores, and through its owned e-commerce site. Focused on an active lifestyle, it sells millions of flip flops and sandals annually worldwide.
In August 2018, Charlesbank acquired substantially all the assets of Rockport, including the North American wholesale and e-commerce operations, all of Rockport’s operations and retail stores internationally, and the Aravon and Dunham brands. Charlesbank served as the stalking horse bidder in a Section 363 sale process that was approved by the US Bankruptcy Court in July 2018. That same year the company acquired Reef from VF Corporation.
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