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3G Capital completes acquisition of Skechers, shares stop trading on NYSE.
ByAinvest
Friday, Sep 12, 2025 9:27 am ET1min read
3G Capital has completed its acquisition of Skechers, a Fortune 500 footwear company. The acquisition was announced in May and the company's shares will no longer trade on the NYSE as of September 12. Skechers will continue to be led by its executive management team.
LOS ANGELES & NEW YORK, September 12, 2025—3G Capital has successfully completed its acquisition of Skechers U.S.A., Inc., a Fortune 500 footwear company. The acquisition, initially announced on May 5, 2025, marks a significant milestone in the financial landscape [1].Skechers, known for its diverse range of lifestyle and performance footwear, apparel, and accessories, will continue to be led by its executive management team, including Chief Executive Officer Robert Greenberg and President Michael Greenberg. The company's shares will no longer trade on the NYSE as of September 12, 2025, following the completion of the transaction [1].
3G Capital, a global investment firm, is renowned for its owner-operator approach to investing over a long-term horizon. The firm has a history of acquiring iconic businesses and unlocking durable growth and enduring value [1]. The acquisition of Skechers is a testament to 3G Capital's strategy of partnering with world-class management teams to drive sustainable growth.
Skechers, with its extensive global presence, operates in approximately 180 countries and territories through a network of retail stores, specialty stores, and its e-commerce platform skechers.com. The company's collections are designed for men, women, and children, and are available through a variety of distribution channels [1].
The completion of this acquisition highlights the strategic importance of Skechers in the global footwear market and underscores 3G Capital's commitment to long-term investment and value creation.
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