Skechers, which will be purchased by 3G Capital in the reception agreement, is divided by 25%

Giant shoes Skechers He agreed to buy a 3G Capital private company for $ 63 for the share, graduating from almost three decades as a public company, retail trade said on Monday.

The 3G Capital price agreed to pay, is a 30% premium for the current Skechers’ assessment in the state markets, which corresponds to the similar absorption transaction. After the announcement of the Skechers stock transaction increased by more than 25%.

“With a proven record, Skechers enters its next section in partnership with Global Investment Berm 3G Capital,” said Skechers CEO Robert Greenberg in news release.

“Given its excellent history to promote the success of some of the most iconic world consumer enterprises, we believe that this partnership will support our talented team if they fulfill their experience to meet the needs of our consumers and customers while providing long-term company growth,” he said.

The transaction comes in a difficult time for the retail industry and, in particular, the shoe sector, which rests on the discrete costs and foreign supplies that are now at the crossroads of President Donald Trump.

Last week Skechers signed on a letter Discharged by shoe distributors and retailers of America requesting release from tariffs on Trump.

And just over a week ago, Skechers recalled their full 2025-year instructions “because of the macroeconomic uncertainty arising from the world trade policy,” as the companies provide consumer costs that will be disproportionately affecting the shoe and clothing sectors.

Skechers refused to say how much its supply chain is in China, which is currently faced with 145% of tariffs but warned that two-thirds of its business are outside the US and therefore will not see so much influence.

A source close to the transaction said the trading environment did not force Skechers to deal and that the Capital 3G is interested in purchasing a company for years.

Tariffs are a certain uncertainty in the short term, but the 3G Capital believes that the long -term Skechers’ business forecast remains attractive and well accommodated for growth, the man said.

Skechers-third largest shoe company in the world Nike and Adidas.

Greenberg will remain as CEO of Skechers and continues to accept the company’s strategy after completing the acquisition.