Reebok International Ltd
Industry: Footwear

Reebok International Ltd. is a global company engaged in the design and marketing of sports and fitness products, including footwear, apparel and accessories, as well as the design and marketing of footwear and apparel for non-athletic, "casual" use.

Business Summary
Reebok International Ltd. is a global company that designs and markets sports and fitness products, including footwear, apparel, equipment and accessories. The Company also designs and markets casual footwear, apparel and accessories for non-athletic use. It designs, markets and sells products under a number of brands, including The Reebok Brand (Reebok), The Rockport brand, which is owned by a subsidiary, The Rockport Company, LLC (Rockport); The Ralph Lauren and Polo footwear brands, that are licensed by a subsidiary, Ralph Lauren Footwear Co., Inc. (Ralph Lauren Footwear); The Greg Norman brand, which is licensed by the Greg Norman Division for use in the Company's Greg Norman Collection (Greg Norman Collection), and The CCM, JOFA and KOHO brands, which the Company acquired, during the year ended December 31, 2004, through the acquisition of The Hockey Company.

Financial Summary
RBK designs and markets sports and fitness products that include footwear & apparel. For the 6 months ended 6/30/05, net sales rose 9% to $1.80B. Net income rose 28% to $80.3M. Revenues reflect favorable changes in foreign currency, the acquisition of The Hockey Company, and strong sales of footwear and apparel in international markets. Net income also reflects the absence of a $10.2M loss on extinguishment of debt.