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Reebok International Limited (/ ˈ r iː b ɒ k / REE-bok) is an American footwear and clothing brand that is a part of Authentic Brands Group.It was established in England in 1958 as a companion company to J.W. Foster and Sons, a sporting goods company which had been founded in 1895 in Bolton, Lancashire.
In August 2021, it was announced that ABG would be acquiring the sports clothing brand Reebok from Adidas for at least US$2.5 billion in a deal expected to close in the first quarter of 2022. [31] Private equity companies CVC Capital Partners and HPS Investment Partners invested $3.5 billion in ABG in a deal that closed in November 2021. [32]
In 1986, Rockport was preparing to go public when the family decided instead to sell the company to British athletic footwear giant Reebok. [9] Bruce Katz remained as president for one year before turning over the management to a new Reebok CEO. Saul Katz stayed on as part of the management team until retiring in his 70s.
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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 ...
Headquarters: Glendale, Wisconsin ... Net income. US$19.8 million (2014) [1] Number of employees. 640: Subsidiaries: Florsheim Shoes, The Combs ... Contact Wikipedia ...
In November 2016, the global athletic footwear and apparel company Reebok announced they would be moving their headquarters from the Boston suburb of Canton to the Innovation and Design Building in the Seaport District of South Boston.
Pentland Group acquired 45% of JD Sports Fashion plc from its founders, John Wardle and David Makin, in May 2005. [9] Pentland Group is now the majority owner of JD Sports (55%), which has 2,500 retail outlets worldwide, including JD, Scotts, Size, Blacks, GO Outdoors and Millets in the UK.