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Skechers is going private during middle of a trade war

In a trade-war whirlwind, shoemaker Skechers is sold for $9 billion to become a private company

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

CNN on MSN · 20h

Skechers is going private during the middle of a trade war

Investment firm 3G Capital will buy Skechers for $9.4 billion, taking the company private. Skechers, the third largest shoe company, is highly exposed to Trump’s tariffs.

MarketWatch on MSN · 11d

Skechers says it can’t predict trade-war impact, pulls outlook

Shares of Skechers USA Inc. fell after hours on Thursday after the comfort-footwear maker reported first-quarter sales that missed Wall Street’s estimates and withdrew its outlook for this year, as the U.

10h

The world’s greatest investor calls it a career

Berkshire first bought into the tech giant in 2016 when it was already the largest company on earth. A flip-phone user in his ...

ABC Columbia12h

Sketchers goes private amid Trump’s tariff war

(CNN)– Skechers is getting out of the public market and going private amid President Trump’s trade war. The footwear company announced on Monday, May 5, that investment firm 3G will pay more than $9 ...

20hon MSN

Shoe company strikes gold with a billionaire deal, and stock soars after pulling its annual earnings forecast.

11d

Skechers stock slides as it withdraws 2025 guidance due to economic and tariff uncertainties

CFRA analyst Zach Warring warned for a "tougher macro environment in 2025 as excess savings are spent and consumer spending ...

Devdiscourse1d

Trade Tensions and Leadership Shakeups Rattle Wall Street

Wall Street indices fell after new tariffs announced by President Trump sparked global trade war concerns. Additionally, ...

18h

Stock market today: Dow, S&P 500 snap historic run of gains as tariff risks return, Fed decision looms

US stocks retreated from a historic run of gains on Monday as President Trump's new tariff threat revived trade war worries ...

23hon MSN

Skechers’ stock rockets on buyout deal after tumbling in wake of tariff concerns

The stock shot up 24.8% in morning trading, which puts it on track for the biggest one-day gain since a record 39.6% rally on ...

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