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Skechers goes private: 3G Capital completes acquisition
Skechers U.S.A., Inc., the world's third-largest footwear company, has been acquired in a 9 billion dollars go-private deal with Brazilian private equity firm 3G Capital. The acquisition, which was first announced on May 5, 2025, has been completed, and as a result, Skechers' shares will no longer be traded on the NYSE as of September 12. The...
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Skechers opens first-ever US Performance store in Miami, Florida
Footwear giant Skechers has opened its debut Performance store format in the United States. The new 26,017-square-foot retail store is located at the Dolphin Mall in Miami, Florida, and is the company’s biggest factory mall store in the world. Building on the success of other performance stores in Canada, Europe, and Chile, the new store offers...
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Skechers and 3G get regulatory stamp of approval for acquisition
3G Capital Partners has officially received all the necessary regulatory approvals in order to finalise its acquisition of footwear brand Skechers U.S.A., Inc. On receipt of the green light, the duo are now anticipating the 9.4 billion dollar transaction to close September 12. The deal is currently still subject to the satisfaction of customary...
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