Skechers news and archive

WNBA names Skechers official league partner

The Women’s National Basketball Association (WNBA) have signed a new multi-year deal with Skechers to make the American footwear brand an official partner with the league. The partnership will kick off for the WNBA’s milestone 30th season and will bring Skechers basketball footwear to the forefront. David Weinberg, chief operating officer at...

Retail

Skechers opens inaugural flagship store in Copenhagen

On the back of strong growth in the Nordics, US footwear specialist Skechers is doubling down on its presence in the Danish market with the opening of its first flagship store in Copenhagen. Located in Amagertorv, the 700 square metre space provides an extensive offering of Skechers goods, including products worn by leading athletes and...

Retail

Skechers launches debut Proto hologram retail experience in Los Angeles

Footwear and apparel brand Skechers has launched its debut permanent proto hologram retail experience at its Manhattan Beach store in Los Angeles. The experience sees Skechers brand ambassador Howie Mandel ‘brought to life’ via an interactive, immersive 3D hologram installation. Said to be among the first permanent proto-hologram installations...

Fashion

Skechers launches debut cricket footwear line in the UK

US sneaker brand Skechers has launched its first-ever cricket footwear collection in the UK. The collection launch, which follows on from the inaugural introduction in India, sees the brand bring its Skechers cricket elite style to players of all levels in the UK. The collection is said to have been developed using insights and feedback from...

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Business

Skechers goes private: 3G Capital completes acquisition

Skechers U.S.A., Inc., the world's third-largest footwear company, has been acquired in a 9 billion dollars go-private deal with Brazilian private equity firm 3G Capital. The acquisition, which was first announced on May 5, 2025, has been completed, and as a result, Skechers' shares will no longer be traded on the NYSE as of September 12. The...

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Business

Skechers and 3G get regulatory stamp of approval for acquisition

3G Capital Partners has officially received all the necessary regulatory approvals in order to finalise its acquisition of footwear brand Skechers U.S.A., Inc. On receipt of the green light, the duo are now anticipating the 9.4 billion dollar transaction to close September 12. The deal is currently still subject to the satisfaction of customary...

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Business

Kizik brings legal dispute with Skechers to Europe

HandsFree Labs (HFL), the parent company of Kizik, has extended its legal dispute with Skechers USA to Europe, where it has now filed a trademark infringement complaint with the Unified Patent Court in Munich, Germany. In the complaint, issued by Fast IP, LLC – the intellectual property (IP) holding company of HFL – and seen by WWD, a disputed...

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Business

Skechers remains on growth course in second quarter

Footwear retailer Skechers USA Inc. achieved strong revenue and profit growth in the second quarter of the 2025 fiscal year. According to an interim report published on Friday, the company, which is about to be acquired by financial investor 3G Capital, generated revenue of 2.44 billion dollars in the months from April to June. This represented...

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Business

Skechers: Why a sneaker brand without cult status is worth 9.4 billion dollars

If the announced sale of the US sneaker brand Skechers does indeed go through in the third quarter of this year, this deal will go down in history as the largest transaction to date in the sneaker market. Why is Skechers so interesting? Not 'cool', but the third largest sneaker brand in the world First things first: with global annual revenue of...

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Business

Skechers responds to Kizik’s ‘baseless’ lawsuit

Footwear giant Skechers USA has said it plans to “vigorously defend the patent suit” launched against it by HandsFree Lab (HFL), the parent company of Kizik. In a press release, Skechers said HFL’s allegations, pertaining to its line of Skechers Hands Free Slip-ins, were “baseless” and rooted in the “assertion that Kizik created the hands-free...

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Business

Kizik parent company accuses Skechers of patent infringement in new lawsuit

Skechers has found itself on the receiving end of a lawsuit over its sale of hands-free footwear by the company that claims to have created the category. HandsFree Labs (HFL), the intellectual property owner behind Kizik, has accused Skechers USA of patent infringement for mechanical constructions that allow for hands-free shoe entry. The...

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Business

Skechers takeover: Court dismisses lawsuit seeking to block acquisition

The acquisition of footwear supplier Skechers USA Inc. (Skechers) by investment company 3G Capital is moving closer. On Tuesday, trade magazine Women’s Wear Daily (WWD) reported that a Los Angeles court rejected a pension fund's objection. The Key West Police Officers & Firefighters Retirement Plan (Key West) had sued Skechers and members of the...