Shoe stamp
Skechers goes to investment company for billions
Skechers shoes are worn by Harry Kane. The 30 -year -old brand is taken over by financial investors. Skechers recently withdrew the forecast due to Trump’s tariffs.
The Skechers shoe brand changes the owner for more than nine billion dollars. The buyer is the investment group 3G Capital. The founders and boss Robert Greenberg should continue to take the planned withdrawal from the stock exchange after the planned withdrawal.
3G wants to pay $ 63 per share – a significant surcharge on the closing price of $ 49.37 from Friday. It is still a clear discount compared to the almost $ 80 that the paper at the top still cost in January. Skechers had withdrawn the business forecast for this year in April, referring to the uncertainty due to import tariffs from US President Donald Trump.
Greenberg, who had previously founded La Gear, has been at the head of Skechers since the start of the 1990s. From the beginning, the brand relied on celebrities as advertising figures – including Britney Spears and Christina Aguilera. Football star Harry Kane from Bayern Munich is currently included.
dpa
Source: Stern
