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Latest News & Analysis
News & Analysis

Adidas Sells Rockport for $280 Million to Focus on Athletics

Adidas AG said it will sell the Rockport shoe business to a new company formed jointly by competitor New Balance Athletic Shoe Inc. as it takes the first steps toward a revival.

News & Analysis

Adidas Sells Rockport for $280 Million to Focus on Athletics

Adidas AG said it will sell the Rockport shoe business to a new company formed jointly by competitor New Balance Athletic Shoe Inc. as it takes the first steps toward a revival.