Kizik Designs claimed it invented the hands-free shoe category that Skechers has made a key part of its business.

3G Capital will acquire footwear maker Skechers USA Inc. for $9.4 billion, marking a splashy return to dealmaking for the investment firm after nearly four years.

3G Capital’s purchase of Skechers is anticipated to be completed in the third quarter. It is "subject to the satisfaction of customary closing conditions, including receipt of regulatory ...

Skechers president Michael Greenberg said the company will "aggressively challenge" both the validity of the patents and the ...

WASHINGTON — The shoe company Skechers is being acquired for more than $9 billion to be taken private by the investment firm by 3G Capital. The deal comes amid growing uncertainty over how U.S ...

WASHINGTON — The shoe company Skechers is being acquired for more than $9 billion to be taken private by the investment firm by 3G Capital. The deal comes amid growing uncertainty over how U.S ...

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The companies said Monday that the Skechers board unanimously approved the deal. The offer of $63 per ...

Skechers' 26-year run on the public markets will soon come to an end after it announced it will be acquired by private equity firm 3G Capital for $63 per share. The purchase price represents a 30% ...

Skechers U.S.A. Inc. has announced that it has agreed to be acquired by global investment firm 3G Capital for approximately $9.4 billion. 3G Capital has agreed to pay $63.00 per share in cash for ...

3G Capital's acquisition of Skechers is scheduled to finalize sometime in the third quarter of 2025, which will end the brand's nearly three-decade run as a publicly traded company.

Skechers is being acquired by 3G Capital for $9 billion. The deal, approved by Skechers’ board, offers $63 per share and is set to close in Q3.

Skechers reported a record $9 billion in revenue in 2024 with net earnings of $640 million. The deal with 3G Capital is expected to close in the third quarter this year.