Skechers

(Newser) - Skechers is set to be acquired by investment 3G Capital for around $9 billion and will become a private company. The board backed the deal unanimously, according to both firms. The $63-per-share offer is a 30% premium over the company's 15-day volume-weighted average stock price. After the transaction...

(Newser) - Kanye West wasn't invited to a Los Angeles corporate office of Skechers on Wednesday, and it appears he wasn't welcome. The rapper's unannounced visit happened a day after a competitor, Adidas, ended its business partnership with him; West has faced widespread denunciation for making a series of...

(Newser) - The government wants you to know that simply sporting a pair of Skechers' fitness shoes is not going to get you Kim Kardashian's curves. Skechers will pay $40 million to settle charges by the FTC that the footwear company made unfounded claims that its $100 Shape-ups shoes (endorsed by...