Footwear’s Biggest Buyout: Skechers Acquired by 3G Capital for $9.4 Billion + What This Means for the Global Footwear Market
In a landmark move for the global footwear industry, Skechers has officially gone private after being acquired by Brazilian private-equity firm 3G Capital for $9.4 billion. This deal, first announced in May, marks the largest buyout in footwear industry history. Skechers’ Next Chapter Despite the acquisition, Skechers will continue to be led by its executive …