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Skechers was in talks with investment firm 3G Capital long before its market value began a precipitous drop from an all-time high of around $11.85 billion on January 30—the day before the White House ...
Amid trade turbulence from President Trump's tariffs, retailers like Skechers consider going private to avoid market ...
Retailers have been hard-hit by Trump's rapidly shifting tariff announcements, and are frustrated with an inability to ...
For all the worry about tariffs causing pain for American consumers, shoppers have so far been mostly shielded from - or shrugged off - higher prices at the checkout aisle.
The buyout comes as the retail industry has been growing increasingly concerned over Trump’s trade war with other countries, ...
News of the $2.4 billion deal comes days after Skechers was bought by investment firm 3G Capital for $9.4 billion.
The S&P 500 was 0.1% higher in midday trading after erasing a modest, earlier loss that had it on track for its first drop of ...
Manhattan Beach-headquartered Skechers U.S.A., Inc., now the third largest footwear company in the world, has announced that it has agreed to be acquired by 3G Capital, a global investment firm ...
Skechers will be acquired by 3G Capital, it announced Monday The investment firm purchased the footwear giant for $9.5 ...
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