Skechers

Shoemaker Skechers to be acquired for $9 billion, taken pvt by 3G Capital

Skechers is being acquired for USD 9 billion and taken private by the investment firm by 3G Capital. The board of Skechers unanimously approved the deal, the companies said Monday. The offer of USD 63 per share represents a premium of 30 per cent to Skechers' 15-day volume-weighted average stock price, the companies said. Following completion of the transaction, the company will continue to be led by Skechers Chairman and CEO Robert Greenberg and his management team. The company headquarters will also remain in Manhattan Beach, California where it was founded more than three decades ago. The deal is expected to close in the third quarter this year.

Bombay, Delhi HCs halt fake Skechers sales; 2,500 items seized in 3 cities

An ex parte injunction is a temporary court order issued without the other party's presence or participation. The term 'ex parte' means 'from one side'

India incredibly important, one of our top markets today: Skechers CFO

The 650 square metre facility is capable of shipping up to 60,000 pairs of shoes per day and will interface with Skechers' direct-to-consumer channel and its headquarters in Mumbai as well as the USA

Asian Games 2022: Here are the companies helping Indian team dress up

Asian Games 2022: India's largest-ever contingent comprising 634 athletes will represent the country at the event that will take place from September 23 to October 8 in Hangzhou, China

Macrotech Developers to provide warehousing space to Skechers near Mumbai

Realty firm Macrotech Developers Ltd on Wednesday said it will provide 1.1 million square feet of warehousing space to Skechers, a global athletic footwear and apparel brand, at Palava near Mumbai. Macrotech Developers markets its real estate properties under the Lodha brand. In a statement, the company said it has "closed a built-to-suit transaction with Skechers to develop 1.1 million square feet at National Distribution Centre (NDC) at Lodha Industrial and Logistics Park, Palava". The development will be undertaken by Palava Induslogic 2, where Macrotech Developers and an affiliate of Morgan Stanley Real Estate Investing (MSREI) have partnered for developing a warehouse park spread across a 72-acre land parcel. The new Skechers distribution centre will be undertaken in two phases, with the first phase being delivered in mid-2023. The logistics centre will be the second-largest NDC for Skechers in Asia and is also expected to be one of the tallest warehouse structures in ...

Skechers SportKnit Modern Jogger looks chic with a cuffed pair of denims

It is not the most innovative in style, but is most comfortable