On April 29, the Footwear Distributors and Retailers of America (FDRA) submitted a letter to President Donald Trump urging the administration to reconsider the scope and impact of newly proposed ...

Amid worries about the global trade war’s impact on tech spending, International Business Machines Corp. on Wednesday said its customers hadn’t yet changed their buying behaviors, and the IT ...

Asian shares are mixed after stocks closed lower on Wall Street, breaking a nine-day winning streak. Shares were mixed ...

Sneakerheads brace yourself as Sketchers just dropped a bombshell. The comfort driven footwear giant is making a dramatic ...

New York (CNN) — Skechers is fleeing the public market and hunkering down by going private during the middle of a trade war.

Amid significant uncertainty in the marketplace caused by President Trump’s trade war, Skechers USA agreed to be acquired by private equity firm 3G Capital for $9.4 billion in a move that will end its ...

Oil prices have fallen more than $2 a barrel after the OPEC+ group of oil producing nations said it plans to increase output.

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The board of Skechers ...

Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...