Full-Time
Designs and markets lifestyle and performance footwear
No salary listed
Junior, Mid
Franklin Township, NJ, USA
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 aims to provide fashionable and comfortable options at accessible prices. What sets Skechers apart from its competitors is its diverse product portfolio that caters to various lifestyles and preferences, ensuring that there is something for everyone. The company's goal is to continue growing while delivering high-quality products that meet the needs of their customers.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Manhattan Beach, California
Founded
1992
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Flexible Work Hours
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.