Skechers U.S.A., one of the world’s largest footwear brands, has officially been acquired by global investment firm 3G Capital. The deal, first announced in May 2025, has now been finalized, marking a significant moment in the retail and consumer goods sector. With this deal complete, Skechers will no longer be listed on the New York Stock Exchange under its former ticker symbol SKX.
Despite the change in ownership, Skechers will continue to operate under the leadership of its current executive team. Chief Executive Officer Robert Greenberg and President Michael Greenberg will remain at the helm, ensuring continuity in the company’s strategic direction and day-to-day operations. This decision reflects 3G Capital’s confidence in the existing management and its commitment to preserving the brand’s identity and momentum.
Skechers has built a strong reputation over the years as a leader in comfort-focused footwear and apparel. Headquartered in Southern California, the company designs and sells a wide range of products for men, women, and children. Its offerings span both lifestyle and performance categories, and its reach is truly global. Skechers products are available in around 180 countries and territories through a mix of retail stores, online platforms, and wholesale partners. The company operates approximately 5,300 branded retail locations and maintains a robust international presence through subsidiaries, joint ventures, and distributors.
The acquisition by 3G Capital is expected to provide Skechers with additional resources and strategic support to continue expanding its footprint and innovating in the competitive footwear market. Known for its long-term investment approach, 3G Capital has a history of partnering with established brands and helping them scale efficiently. The firm has worked with major companies across various industries and is recognized for its focus on operational excellence and sustainable growth.
