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Skechers is an American multinational footwear and apparel company founded in 1992 by Robert Greenberg. The company is headquartered in Manhattan Beach, California, and is the third-largest footwear brand in the United States. As of May 2025, Skechers has agreed to be acquired by 3G Capital, a Brazilian-American investment firm, for approximately $9.4 billion. This acquisition is expected to close in the third quarter of 2025, after which Skechers will become a privately held company. The company's products are manufactured in multiple countries, including China and Vietnam, through independent contract manufacturers. Skechers offers a range of lifestyle and performance footwear, apparel, and accessories for adults and children. The brand has been endorsed by various celebrities and athletes, including Ringo Starr, Britney Spears, Christina Aguilera, and Snoop Dogg. Despite facing challenges such as trade uncertainties and tariffs, Skechers continues to expand its global presence and product offerings.
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