Skechers U.S.A., Inc. Class A Stock News

WAALWIJK, Netherlands--(BUSINESS WIRE)--First European Performance-focused Skechers Store Opens in Belgium.

Footwear Leader Joins as New Sponsor for San Francisco's Most Iconic Footrace On Sunday, May 18 SAN FRANCISCO , May 7, 2025 /PRNewswire/ -- Step by step, a new partnership is lacing up to energize San Francisco's most legendary race: Bay to Breakers Powered by Windsurf is proud to welcome Skechers as the Official Footwear Partner of the 2025 race. The iconic San Francisco event, set for Sunday,...

LOS ANGELES--(BUSINESS WIRE)--Skechers AERO Series Opens New Chapter of Technical Running Innovation.

SAN DIEGO, May 06, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Skechers U.S.A., Inc. (NYSE: SKX) breached their fiduciary duties in connection with the proposed sale of the Company to 3G Capital Corp. (“3G”).

Private equity firm 3G Capital reached a deal to buy Skechers and take the footwear company private. The deal is set to close in the third quarter.

NEW YORK , May 5, 2025 /PRNewswire/ -- Julie & Holleman LLP, a top-tier shareholder rights firm, is investigating the acquisition of Skechers U.S.A., Inc. (NYSE: SKX) by global investment firm 3G Capital.

The stock of Sketchers (SKX 24.44%) is surging in Monday's trading following an announcement that the company is set to be acquired. The footwear specialist's share price was up 24.5% as of 1:45 p.m.

Skechers (SKX) shares skyrocketed Monday after the lifestyle shoe manufacturer agreed to be taken private by investment firm 3G Capital for approximately $9.4 billion.