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Skechers is making kids’ shoes with a hidden AirTag compartment

Skechers introduced a line of kids’ sneakers that contain a hidden compartment where parents can slip in an Apple AirTag. Inside the heel of the shoe, a small insert can be lifted to reveal the compartment. Then, parents can track the location of their child — or, at least their child’s shoes. These shoes don’t … Read more

Skechers Stock Soars on $9 Billion Buyout: What Traders Need to Know

Hey traders, today we’re diving into a stock that’s lighting up the market with a massive 24.89% gain as of this writing. Skechers U.S.A., Inc. (NYSE: SKX) is making waves after announcing a $9 billion deal to be acquired by 3G Capital, taking the footwear giant private. This kind of move doesn’t happen every day, … Read more

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

The entrance of the Sketchers retail store at the Barton Creek Square Mall on July 16, 2024 in Austin, Texas.  Brandon Bell | Getty Images Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced … Read more

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