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HomeLifestyle NewsFrom Skechers to Foot Locker: Tariff Chaos Spurs Record-High Footwear, Apparel Deals

From Skechers to Foot Locker: Tariff Chaos Spurs Record-High Footwear, Apparel Deals

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US President Donald Trump’s trade war is helping to push US clothing and footwear acquisitions to all-time highs this year, with some companies merging to help offset tariff costs while others go private to weather the next 3-1/2 years of his presidency outside of the public market, dealmakers say.

Popular sneaker company Skechers announced a $9.42 billion deal in early May to go private days after it pulled its annual earnings forecasts and sent a letter, along with 75 other footwear…

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