Business

Skechers to be acquired by 3G Capital in 9.4 billion dollars deal

In a significant development in the footwear industry, Skechers U.S.A., Inc. has announced its agreement to be acquired by global investment firm 3G Capital for approximately 9.4 billion dollars. The transaction, unanimously approved by Skechers' board of directors, will transition the company from a public to a privately held entity. Commenting...

13 minutes ago

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American footwear industry warns of tariff fallout

A coalition of major U.S. footwear companies is sounding the alarm over the potential devastation of new tariffs, warning that the levies could trigger widespread business closures, job losses, and price hikes for consumers. In a letter to the Trump administration, the Footwear Distributors and Retailers of America (FDRA), representing industry...

17 hours ago

Fashion |Exclusive

Exclusive: Paraiso Miami Swim Week gears up for 21st edition amid swimwear showdown

Miami Swim Week is swiftly rolling round, with the Magic City once again deep in preparations for the annual event. Set to take place from May 28 to June 1, 2025, the swim week is preparing for what is to be another scorching pre-summer party, this time with some new additions to the sun soaked agenda. Paraiso Miami Swim Week, one of the leading...

May 2, 2025

Retail|In Pictures

Kurt Geiger expands US retail footprint & opens debut store in Miami, Florida

British footwear and accessories brand Kurt Geiger London has opened its first-ever store in Miami, Florida, as it continues to expand across North America. Located at Aventura Mall, a popular shopping destination, the new 2,102 square foot store reflects the brand's colorful aesthetic and offers Kur Gegier's full range of women's shoes,...

May 2, 2025