Quotes
3G’s playbook of boosting margins through cost-cutting and efficiencies certainly creates the likelihood that we will see Skechers come public again in the distant future,
TD Cowen analysts said
Given their remarkable history of facilitating the success of some of the most iconic global consumer businesses, we believe this partnership will support our talented team as they execute their expertise to meet the needs of our consumers and customers while enabling the Company’s long-term growth,
he said
Skechers is an iconic, founder-led brand with a track record of creativity and innovation. We have immense admiration for the business that this team has built, and look forward to supporting the Company’s next chapter,
3G said in the statement
American footwear businesses and families face an existential threat from such substantial cost increases,
the companies said
With a proven track-record, Skechers is entering its next chapter in partnership with the global investment firm 3G Capital,
Skechers' CEO Robert Greenberg said in a news release