Skechers - Fashion Company Profile
Skechers is Robert Greenberg's Manhattan Beach footwear giant - founded in 1992, a New York Stock Exchange company for 26 years, and taken private by 3G Capital in September 2025 as the world's third-largest footwear brand.
Company Snapshot
- Status
- Operating - the world's third-largest footwear brand, with record 2024 sales of $8.97 billion and roughly 5,300 stores worldwide
- Type
- Private since September 2025 - 3G Capital acquired Skechers for $63 per share (about $9.4 billion); it was public on the New York Stock Exchange (NYSE: SKX) from 1999 to September 12, 2025
- Headquarters
- Manhattan Beach, California, United States
- Founded
- 1992, in Manhattan Beach, California, by Robert Greenberg
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Company Profile
Skechers trades on under 3G Capital, with the Greenberg family still leading the company: current ranges and stores are on its website, linked above, and the shop box covers Skechers products sold through Amazon and eBay. The linked history page keeps the earlier record in full - the filing-era description of a 'billion dollar company' with more than 2,000 styles, its SKECHERS Sport, Work and Kids lines and Marc Ecko street brands, its Times Square and CityWalk stores, the SoHo Lab concept and its 30-plus international distributors - the company mid-climb, before the $8.97 billion year and the buyout.
The distribution record is equally detailed. Domestically Skechers sold to department and specialty stores nationwide and directly through more than 130 company-owned stores in high-traffic destinations such as New York's Times Square and Universal CityWalk in Los Angeles, including the SoHo Lab concept stores for its fashion lines. Internationally it worked through subsidiaries across Europe - England, Ireland, Scotland, France, Spain, Portugal, Italy, Switzerland, Austria, Belgium and Luxembourg - and more than 30 global distributors selling in over 100 countries and territories, with company stores in Europe and Canada and the skechers.com e-commerce site selling around the clock. 'At a billion dollars and counting,' the filing closes, 'SKECHERS is making tracks around the globe.'
Skechers History
The earlier record for this company - its history, past brand line-ups, figures and photographs from the periods described - is kept on a separate page for historical reference.
Skechers History & Historical Profile →Common Questions
When was Skechers founded, and by whom?
In 1992, in Manhattan Beach, California, by Robert Greenberg, the footwear entrepreneur who had previously founded L.A. Gear. The company went public in 1999 under the NYSE symbol SKX.
Who owns Skechers now?
3G Capital, the investment firm that acquired Skechers for $63 per share (about $9.4 billion) in a deal announced in May 2025 and closed on September 12, 2025. The company is now private, and the Greenberg family continues to lead it.
How big is Skechers?
By 2024 it reported record annual sales of $8.97 billion, roughly 5,300 stores worldwide, and a position as the world's third-largest footwear brand - a long climb from the 'billion dollar company' of its early profile.
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