Skechers to Go Private: 3G Capital's $9.4 Billion Acquisition Shakes Up Footwear Industry
Felix Harbour
6 May 2025
Skechers will go private after 26 years as a public company, thanks to a $9.4 billion buyout from 3G Capital. The deal, valued at $63 per share, keeps CEO Robert Greenberg in charge. Despite trade and tariff worries, Skechers remains strong internationally and just reported record Q1 2025 sales.