Press Release: 3G Capital Completes Acquisition of Skechers

Dow Jones09-12
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--September 12, 2025-- 
 
   Skechers U.S.A., Inc., a Fortune 500 company and the third largest 
footwear company in the world, and 3G Capital today announced that 3G 
Capital has completed its acquisition of Skechers. The acquisition was 
announced on May 5, 2025. 
 
 
   As a result of the completion of the transaction, Skechers' shares will 
no longer trade on the NYSE at NYSE:SKX as of September 12. 
 
 
   The Company will continue to be led by its executive management team, 
including Chief Executive Officer Robert Greenberg and President Michael 
Greenberg. 
 
 
   About Skechers U.S.A., Inc. 
 
 
   Skechers, The Comfort Technology Company$(R)$ based in Southern California, 
designs, develops and markets a diverse range of lifestyle and 
performance footwear, apparel and accessories for men, women and 
children. The Company's collections are available in approximately 180 
countries and territories through department and specialty stores, and 
direct to consumers through skechers.com, and approximately 5,300 
Skechers retail stores. A Fortune 500(R) company, Skechers manages its 
international business through a network of wholly-owned subsidiaries, 
joint venture partners, and distributors. For more information, please 
visit about.skechers.com and follow us on Facebook, Instagram and 
TikTok. 
 
 
   About 3G Capital 
 
 
   3G Capital is a global investment firm and private partnership built on 
an owner-operator approach to investing over a long-term horizon. For 
decades, 3G partners have teamed with world-class management and 
founding families to acquire iconic businesses, unlocking durable growth 
and enduring value. Founded in 2004, 3G Capital is led by Alex Behring, 
Co-Founder and Co-Managing Partner, and Daniel Schwartz, Co-Managing 
Partner.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250911448317/en/ 

 
 
    CONTACT:    Steve Lipin / Felipe Ucrós 
 
   Gladstone Place Partners 
 
 
   (212) 230-5930 
 
   Jennifer Clay 
 
   Skechers 
 
 
   jennc@skechers.com

(END) Dow Jones Newswires

September 12, 2025 09:27 ET (13:27 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment