3G Capital has successfully completed the acquisition of Skechers U.S.A., Inc., the third largest footwear company in the world.
As of September 12, Skechers' shares will no longer trade on the NYSE under the symbol SKX.
The executive management team of Skechers, led by CEO Robert Greenberg and President Michael Greenberg, will continue to lead the company.
Skechers, known as The Comfort Technology Company, designs and markets lifestyle and performance footwear, apparel, and accessories for a global audience.
Acquisition Completion
3G Capital finalized the acquisition process, marking a significant milestone for Skechers.
Leadership Continuity
CEO Robert Greenberg and President Michael Greenberg will remain at the helm of Skechers.
Global Reach
Skechers products are available in approximately 180 countries through various retail channels.
- The acquisition by 3G Capital is expected to bring new opportunities for growth and development to Skechers.
- Skechers' strong brand presence and product offerings are likely to continue expanding under the new ownership.
The completion of the acquisition by 3G Capital represents a new chapter for Skechers, with promising prospects for continued success and innovation in the global footwear market.