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Investment firm 3G Capital will buy Skechers for $9.4 billion, taking the company private. Skechers, the third largest shoe company, is highly exposed to Trump’s tariffs.
In a Trade-War Whirlwind, Shoemaker Skechers Is Sold for $9 Billion to ... to the U.S. from “high-cost locations,” including the impact of tariffs. The company did not immediately provide ...
The shoe company Skechers is being acquired for more than $9 billion to be taken private by the investment firm by 3G Capital ...
Analysts say the trade war influenced the company’s move to go private. Heading into Monday, Skechers shares had fallen 26% this year over fears of the impact of tariffs on the company.
Executives also said they would be looking to minimize products going to the U.S. from “high-cost locations,” including the impact ... trade between the world’s two largest economies ...