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Skechers Will Be Acquired by Investment Firm 3G Capital for $8.2 Billion

The shoemaker will be purchased for $63 per share. Following the announcement, shares of the footwear company rose 25 percent in early New York trading.
Shoe maker Skechers sued fashion company Steve Madden.
The acquisition of Skechers is expected to close in the third quarter of 2025. (Shutterstock)

Investment firm 3G Capital will acquire footwear maker Skechers USA Inc. for $8.2 billion, the company said in a statement on Monday.

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