Skechers USA Inc.
09/12/2025 | Press release | Distributed by Public on 09/12/2025 07:21
Material Agreement, Asset Transaction, Financial Obligation, Failure to Satisfy Listing Rule, Private Placement, Corporate Action, Changes in Control, Amendments to Bylaws,[...]
3G Capital Completes Acquisition of Skechers
LOS ANGELES & NEW YORK - September 12 - 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® 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® 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.
Contacts
Steve Lipin / Felipe Ucrós
Gladstone Place Partners
(212) 230-5930
Jennifer Clay
Skechers
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Skechers USA Inc. published this content on September 12, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 12, 2025 at 13:21 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]