Authentic Brands Group completed the acquisition of Rockport.

Authentic Brands Group, a global brand development, marketing and entertainment platform, completed the acquisition of Rockport, a renowned footwear brand. Financial terms were not disclosed. "Rockport’s core consumer is more active than ever. The brand’s offering is a perfect addition to our portfolio with opportunities for category expansion into apparel, accessories, outerwear, travel and more.” Salter added, “There is a significant addressable market, presenting opportunities for the brand to evolve into a full lifestyle offering with a focus on innovation and comfort,” Jamie Salter, Authentic Founder, Chairman and CEO.