|

Skechers, the Manhattan Beach Footwear Giant, Goes Private and Launches a Carbon-Plated Racer

A Skechers shoe store front in Rehoboth Beach, Delaware

Robert Greenberg and Michael Greenberg founded Skechers in 1992, and its first Skechers-branded line came out that December. The company is headquartered in Manhattan Beach. Investment firm 3G Capital completed its acquisition of Skechers in September 2025, taking it private, with Robert Greenberg continuing as CEO and Michael Greenberg as president.

The shoes

Skechers is known for its hands-free Slip-ins and says it holds more than 300 hands-free patents. Its GO WALK, Arch Fit and D’Lites lines include styles such as Skechers Slip-ins: GO WALK Arch Fit 2.0.

Recent news

On October 1, 2026, Skechers announced the Aero Elite, its first carbon-plated racing shoe, priced at $225. In late October, the company said it won most of a hands-free patent case brought by Kizik at the Unified Patent Court in Munich. Its 18th annual Pier to Pier Friendship Walk raised $3.3 million for kids this month, the company said.

Where to find it

Skechers is sold in about 180 countries through about 5,300 Skechers stores, department and specialty stores and skechers.com.

Sources

Featured photo: Harrison Keely via Wikimedia Commons, CC BY 4.0. The photo shows a Skechers store in Rehoboth Beach, Delaware.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *