Skechers president Michael Greenberg said the company will "aggressively challenge" both the validity of the patents and the ...

A California federal judge denied a motion for preliminary injunction that, if granted, would have temporarily halted the ...

3G Capital will acquire footwear maker Skechers USA Inc. for $9.4 billion, marking a splashy return to dealmaking for the investment firm after nearly four years.

Skechers is being acquired by 3G Capital for $63/share, with the family owners accepting the bid despite strong growth prospects. Learn more about SKX stock here.

Buyout firm 3G Capital managed to build a consumer empire with a market value of over $140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3G-backed Kraft ...

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The companies said Monday that the Skechers board unanimously approved the deal. The offer of $63 per ...

3G had been periodically trimming its stake in Kraft Heinz since 2018. When it sold 25 million shares in 2019, at the height of the company's troubles, the stock fell 4% in response to the disclosure.

3G Capital Partners LP is known for wringing costs out of food-and-beverage businesses. Its track record for boosting sales and market share of their products is less stellar.