Under the shadow of tariffs, American footwear giant Skechers accepts acquisition.

The well-known American company Skechers, which specializes in producing athletic leisure shoes, has agreed to be acquired by the Brazilian private investment firm 3G Capital and will become a privately held company. Most of the production lines of large American footwear companies like Skechers are concentrated in Asia, and the Trump administration's imposition of tariffs has put tremendous pressure on these companies. Against this backdrop, this acquisition is particularly noteworthy. According to a joint statement released by the two parties on the 5th, 3G Capital will acquire Skechers at a price of over 90 billion U.S. dollars, or 63 U.S. dollars per share, representing a 30% premium over the company's 15-day volume-weighted average share price. The board of directors of Skechers has unanimously approved this acquisition. Upon the news, Skechers' stock price rose nearly 25% to 61.56 U.S. dollars on the same day. 3G Capital has attracted attention in recent years for its acquisitions of American food industry giants like Burger King and Heinz. The acquisition is expected to be completed in the third quarter of this year, and the newly owned Skechers will continue to be led by the company's current chairman and CEO, Robert Greenberg, and his management team. The company will also retain its headquarters in Manhattan Beach, California, established over 30 years ago.