Kraft Heinz’s stock rose in early Wednesday trading after the company said it’s still weighing strategic options, which ...

Global footwear and apparel company Skechers USA is facing a lawsuit for allegedly infringing on footwear brand Kizik ...

A California federal judge denied a motion for preliminary injunction that, if granted, would have temporarily halted the ...

Skechers president Michael Greenberg said the company will "aggressively challenge" both the validity of the patents and the ...

Skechers SKX.N has agreed to be taken private by 3G Capital for $9.42 billion in the footwear industry's biggest buyout to date, exiting public markets after 26 years as the popular shoe brand ...

Skechers is being acquired by 3G Capital for $63/share, with the family owners accepting the bid despite strong growth prospects. Learn more about SKX stock here.

In its lawsuit filed in late May, the shareholder group, the Florida-based Key West Police Officers & Firefighters Retirement ...

3G had been periodically trimming its stake in Kraft Heinz since 2018. When it sold 25 million shares in 2019, at the height of the company's troubles, the stock fell 4% in response to the disclosure.

Skechers to go private in $9.4B deal 3G Capital is paying $63 per share in cash, which analysts say represents a bet that the footwear sector will be profitable in the long term despite tariffs.