Skechers USA Inc. is set to be taken private by 3G Capital in a $9.4 billion deal, marking the largest buyout in the footwear sector to date and signaling a strategic shift for the company.
Skechers USA Inc. is set to be acquired by 3G Capital in a $9.4 billion deal, marking a strategic move that is expected to bolster the company’s market position and drive growth under the investment firm’s stewardship.
Skechers USA Inc. has joined 75 other major brands in requesting a tariff exemption from the US government, citing the “existential threat” posed by reciprocal tariffs on the footwear industry.