Skechers Sells For $9 Billion After Warning Trump's Tariffs Pose ‘Existential Threat'
1. Skechers agreed to be acquired by 3G Capital for $9.4 billion. 2. 3G Capital will pay $63 per share; deal closing expected this year. 3. Skechers' stock rose nearly 25% amid concerns over tariffs impacting earnings. 4. Skechers relies on imports from China and Vietnam facing high tariffs. 5. The footwear industry is threatened by Trump's tariffs, affecting prices.