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CNBC Business • May 05, 2025

Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

The planned acquisition of Skechers by 3G Capital at a substantial premium has led to a notable increase in the company’s stock price, reflecting investor optimism about the transa...

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CNBC Business • May 02, 2025

Footwear giants Nike, Adidas and others ask Trump for tariff exemption

Major footwear companies, including Nike and Adidas, have requested a tariff exemption from President Trump, highlighting the potential financial implications for their businesses...

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