Economy Local May 05, 2025

Skechers Announces Acquisition Deal

Global footwear company Skechers announced on Monday that it has reached an agreement to acquire an investment firm, marking a significant move in its business strategy.


Skechers Announces Acquisition Deal

The Swedish brand Skechers announced on Monday an agreement to acquire an investment company. The deal, the cost of which is not disclosed, will allow the company to strengthen its position in the global market.

Skechers representatives noted that the deal is an important step in the company's strategy for further development and business expansion. According to them, the acquisition of the investment company will enable Skechers to strengthen its financial stability and offer consumers even more diverse products.

"We are confident that this agreement opens new perspectives for our brand and will help us strengthen our leading positions in the trendy footwear market," noted the Skechers representative.

According to the publication's information, the conclusion of this deal will allow Skechers to expand its business geography and increase the assortment of produced products. The company hopes that investments in the new direction will bring long-term benefits and accelerate profit growth.