Tag: footwear

6 May, 2025

Skechers Acquisition: 3G Capital's $9.4 Billion Bid Signals New Era for Footwear Giant

by Kamogelo Matsile
Skechers 3G Capital acquisition footwear

Skechers, the world’s third-largest footwear company, is set to go private after agreeing to a $9.4 billion acquisition by 3G Capital. The deal offers a substantial premium to shareholders and keeps CEO Robert Greenberg in charge as the company contends with global supply and trade pressures.