Full-Time
Skechers
5,001-10,000 employees
Designs and markets lifestyle and performance footwear
No salary listed
Mid
Gloucester, UK
- Previous experience in a managerial role
- Excellent Leadership and communication skills
- Problem-solving skills to resolve any issues that may arise in-store
- Highly organised to manage inventory, staffing, and other operational tasks
- The ability to lead and motivate a team of employees
- Sales skills to drive revenue growth and meet targets
- Able to create a positive, collaborative team environment that fosters teamwork and employee morale
- Ensuring there is an exceptional customer experience throughout the store
- Managing daily operations
- Motivating the team to achieve their goals
Skechers designs and sells a wide range of footwear, apparel, and accessories for men, women, and children. Their products are created with an emphasis on style, comfort, and quality, making them suitable for both everyday wear and performance activities. Skechers stands out from its competitors by offering a diverse product portfolio at reasonable prices, ensuring that customers can find stylish and comfortable options without breaking the bank. The company's goal is to provide high-quality products that meet the needs of a global audience while maintaining a focus on innovation and customer satisfaction.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Manhattan Beach, California
Founded
1992
Simplify's Take
What believers are saying
- 3G Capital's acquisition provides Skechers with increased financial resources for growth.
- Skechers' premium acquisition price indicates strong market confidence in its brand.
- Skechers' participation in investor conferences enhances visibility and stakeholder engagement.
What critics are saying
- 3G Capital's acquisition may lead to internal cultural clashes affecting morale.
- AI assistant Luna could raise privacy concerns among customers.
- Varying acquisition figures might confuse investors and affect stockholder trust.
What makes Skechers unique
- Skechers launched AI assistant Luna, enhancing customer experience in retail locations.
- Skechers opened its 5,000th store, marking significant global expansion.
- Skechers maintains leadership continuity post-acquisition, ensuring brand stability.
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Benefits
Flexible Work Hours
Company News
Skechers ranks No. 274 in the Top 2000.
3G Capital, led by Jorge Paulo Lemann, Marcel Telles, and Carlos Alberto Sicupira, announced the acquisition of Skechers for $9.4 billion. This move expands their footwear investments, complementing their stake in On Running, a Swiss performance shoe brand. The Lemann family has been involved with On since 2018, and the brand went public in 2021, reaching a market value of over $9 billion. The acquisition positions 3G in both mass market and premium segments.
Skechers opened its 5,000th store in Bogotá, Colombia in February 2024.
Skechers U.S.A. is set to be acquired by 3G Capital for $8.2 billion, according to Bloomberg. This acquisition will take the company private amid ongoing trade tensions. The deal has led to a 25% rise in Skechers' shares, as reported by CNBC. Other sources mention varying acquisition figures, with KTLA citing $9.4 billion and Axios reporting $9 billion.
3G Capital, an American-Brazilian investment group, has agreed to acquire the American footwear company Skechers for approximately $9.4 billion in cash, according to the Financial Times. The New York-based firm, known for its partnership with Warren Buffett in the Kraft-Heinz merger, is returning to large-scale transactions after a long search for a suitable target.