According to Skechers, 3G will buy out each of the company's 18 million public shares in one of two ways. Either it will pay ...

Skechers, the Manhattan Beach-based footwear company, has agreed to be acquired by 3G, a Brazilian-based investment firm. The ...

The company will remain headquartered in Manhattan Beach, where it was founded over 30 years ago by Robert Greenberg.

NEW HAVEN, Conn. (AP) — A Christopher Columbus statue removed in 2020 amid a climate of racial reckoning after the police ...

Robert Greenberg tried many ways to get rich: mail-order toupees, electronic tweezers and roller skates before hitting his stride with sneakers, first with LA Gear and later Skechers. Now he and ...

The deal, expected to close in Q3 2025 and financed through a combination of cash and debt, will take Skechers private, with CEO Robert Greenberg continuing to lead the company. Investment firm 3G ...

Following completion of the transaction, the footwear brand will continue to be led by chairman and chief executive Robert Greenberg, president Michael Greenberg, and its current management team.

To Williams Trading analyst Sam Poser, going private is a simple solution for Skechers's aging CEO Robert Greenberg. "All the noise around tariffs, the macro outlook, and having to continue to ...

Skechers will continue to be led by Chairman and Chief Executive Officer Robert Greenberg, President Michael Greenberg, and Chief Operating Officer David Weinberg The Company will remain focused ...