Skechers USA, Inc. is a global footwear and apparel brand founded in 1992 by Robert Greenberg, headquartered in Manhattan Beach, California, USA. In May 2025, the company was acquired by 3G Capital in an all-cash deal valued at approximately $9.26–9.4 billion and was taken private and delisted from the NYSE in September 2025. Skechers' operations in israel are conducted through a joint venture formed in 2016 with MGS Sport Trading (Skechers Footwear, Ltd.). In December 2023, Skechers increased its ownership interest in this joint venture from 51% to 75% for $6.0 million. As of March 2025, Skechers operates 25 retail stores, an online store at skechers.co.il, and over 400 wholesale points of sale across israel. The company has also sponsored the israel Day Parade, participated in the Birthright israel program, and selected israeli footballers as brand ambassadors. OpenIntel rates Skechers 519/1000 (Tier C) on its BDS-1000 index.
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