News

Skechers Set To Go Private Amidst Tariff Drama, Hopes New Partnership Will 'Enable The Company's Long-Term Growth'
Skechers will be acquired by 3G Capital, it announced Monday The investment firm purchased the footwear giant for $9.5 ...
Los Angeles Business Journal2d
Skechers To Go Private
Manhattan Beach footwear and apparel company Skechers U.S.A. Inc. is set to go private in a substantial $9.4 billion deal ...
Skechers Goes Private in $9.42B Deal Amid Tariff Pressures
Skechers to go private after 26 years, sold to 3G Capital for $9.42B as tariffs hit the footwear industry. As he launches a ...
ABP News on MSN6d
Skechers Sold For $9 Billion Amid Tariff Turmoil, To Go Private Under 3G Capital
Skechers derives about two-thirds of its revenue from international markets, with China accounting for approximately 15 per ...
Benzinga.com3d
Skechers Set To Go Private Amidst Tariff Drama, Hopes New Partnership Will 'Enable The Company's Long-Term Growth'
Skechers SKX announced Monday that it will ... retain their respective positions as CEO and president after the take-private deal closes. 3G Capital has previously acquired Burger King and ...
The Contract That Helped Skechers and 3G Sign a $9B Deal in the Midst of a Trade War
The $9 billion-plus agreement by 3G Capital to buy Skechers wasn’t just a surprise — it was something of a dealmaking miracle ...
Daily Breeze on MSN6d
Skechers construction closes part of Manhattan Beach road for a year
Construction on a new Skechers building in Manhattan Beach will close part of Sepulveda Boulevard for more than a year.
The Watchdog1d
Skechers Goes Private
Last Monday, it was announced that Skechers will be sold to the investment firm 3G Capital for $63 a share, a 30% premium over its stock price. As a result, Skechers’ stock surged by 25%, jumping ...