3G Capital completed its acquisition of Skechers U.S.A., Inc. on September 11, 2025, taking the company private. This transaction, initially announced on May 5, 2025, concludes Skechers' tenure as a publicly traded entity.
As a direct result of the acquisition's completion, Skechers' shares will no longer trade on the New York Stock Exchange (NYSE) as of September 12. The company, a Fortune 500 entity and the world's third-largest footwear company, will now operate under private ownership.
Skechers will continue to be led by its executive management team, including Chief Executive Officer Robert Greenberg and President Michael Greenberg. This continuity in leadership, combined with 3G Capital's owner-operator approach, is expected to support Skechers' long-term growth initiatives away from public market scrutiny.
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