footwear industry News

3G Capital Secures $9.4B Deal to Privatize Skechers, Marking a New Era for the Shoe Giant

3G Capital has agreed to acquire Skechers USA Inc. for $9.4 billion, offering a 30% premium per share. The deal, set to close in Q3 2025, will transition Skechers to private owners...

Exclusive: 3G Capital's $8.2 Billion Deal to Take Skechers Private Marks a New Era

3G Capital is set to acquire Skechers in a $8.2 billion deal, offering a 30% premium per share. Skechers will go private, with CEO Robert Greenberg staying on to lead. The transact...

3G Capital Strikes $8.2 Billion Deal to Take Skechers Private in a Major Footwear Industry Move

Private equity firm 3G Capital has agreed to acquire Skechers USA Inc. for $8.2 billion, offering $63 per share, a 30% premium. The deal, expected to close in Q3 2025, will see Ske...

3G Capital Strikes a Massive $8.2 Billion Deal to Take Skechers Private in a Strategic Move

3G Capital announces a $8.2 billion deal to acquire Skechers, offering $63 per share, a 30% premium. The acquisition, set to close in Q3 2025, will transition Skechers to private o...

3G Capital's Strategic $8.2 Billion Acquisition of Skechers Marks a New Era in Footwear Industry

3G Capital acquires Skechers in a groundbreaking $8.2 billion deal, offering a 30% premium per share. Skechers will go private, with CEO Robert Greenberg staying on to lead the com...

Major Sportswear Giants Nike and Adidas Plead for Exemption from Trump's Tariffs

A group of 76 clothing and footwear brands, including Nike and Adidas, has requested exemption from President Trump's tariffs, warning of severe impacts on their businesses and pot...