Skechers to be bought out in $9 billion deal amid tariff turbulence
- Posted on May 6, 2025
- By Financial Express
- 2 Views
Skechers to be bought out in $9 billion deal amid tariff turbulence
The announcement sent Skechers shares soaring nearly 25% on Monday, closing at $61.56. This high-profile buyout comes as U.S.-based consumer goods companies with heavy reliance on overseas manufacturing face increasing pressure from shifting trade policies
