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It invested heavily in design and spent lavishly on marketing to create a strong brand name and carve out a market niche. Rockport also invested in research into the biomechanics of walking to design its shoes. [8] Rockport's first product was the Country Walker, introduced in 1973. [4] On the basis of the company’s subsequent RocSport shoe ...
In 2015, New Balance's parent, together with Berkshire Partners, bought the Rockport shoe company from the Adidas Group and combined it with Drydock Footwear under the name The Rockport Group, now with the Aravon, Cobb Hill, Dunham, and Rockport brands. [13] [14] [15] In 2018, The Rockport Group went into bankruptcy and was sold. [16] [17]
Bruce Richard Katz (February 17, 1947 – June 26, 2022) was an American entrepreneur who co-founded The Rockport Shoe Company in 1971 and served as its CEO until its sale to Reebok International in 1986. [1] He was the founder and CEO of The Samuel Hubbard Shoe Company based in Mill Valley, California. [2]
The Samuel Hubbard Shoe Company is an American footwear brand founded in 2013 by Bruce R. Katz. [1] [2] A co-founder of the Rockport Shoe Company, Katz founded Samuel Hubbard in Mill Valley, CA to develop premium footwear.
The company, owned by private-equity firm Permira, ... The shoe brand had blowout 2023 earnings, reporting $637 million in revenue, an over 17% bump from 2022’s $543 million.
Two years later, in 1987, a subsidiary of Reebok (The Rockport Company) acquired Frye from Kravetz, though Kravetz remained in position as president. Under Kravetz' leadership, the Frye brand was licensed to the Jimlar Corp, a footwear company that produced Coach shoes under license, [5] in 1993. In 1998, Kravetz bought back the label and sold ...