Skechers Sale Raises Profile of Other Names in Softline Retail Sector Given Similarities -- Market Talk

Dow Jones

May 06

1342 ET - The deal between Skechers and 3G Capital highlights value in the softline retail sector, says TD Cowen's John Kernan and Krista Zuber in a research note. The maker of comfy sneakers agreed to sell itself to the private equity firm in a deal worth about $9.4 billion. The analysts say it highlights opportunistic investing in the sector given market uncertainty, with sector valuation multiples near five-year lows. They add that 3G's playbook of boosting margins creates the likelihood that Skechers becomes public again in the distant future. The analysts say that Under Armour, Figs, Columbia Sportswear and Yeti all have similar shareholder voting rights and founder-led dynamics to Skechers. Skechers surges 25% to $61.49, on pace for its largest percentage increase since October 2017. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

May 05, 2025 13:42 ET (17:42 GMT)

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The maker of comfy sneakers agreed to sell itself to the private equity firm in a deal worth about $9.4 billion. The analysts say it highlights opportunistic investing in the sector given market uncertainty, with sector valuation multiples near five-year lows. They add that 3G's playbook of boosting margins creates the likelihood that Skechers becomes public again in the distant future. The analysts say that Under Armour, Figs, Columbia Sportswear and Yeti all have similar shareholder voting rights and founder-led dynamics to Skechers. Skechers surges 25% to $61.49, on pace for its largest percentage increase since October 2017. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 13:42 ET (17:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Skechers Sale Raises Profile of Other Names in Softline Retail Sector Given Similarities -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSkechers Sale Raises Profile of Other Names in Softline Retail Sector Given Similarities -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-06 01:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1342 ET - The deal between Skechers and 3G Capital highlights value in the softline retail sector, says TD Cowen's John Kernan and Krista Zuber in a research note. The maker of comfy sneakers agreed to sell itself to the private equity firm in a deal worth about $9.4 billion. The analysts say it highlights opportunistic investing in the sector given market uncertainty, with sector valuation multiples near five-year lows. They add that 3G's playbook of boosting margins creates the likelihood that Skechers becomes public again in the distant future. The analysts say that Under Armour, Figs, Columbia Sportswear and Yeti all have similar shareholder voting rights and founder-led dynamics to Skechers. Skechers surges 25% to $61.49, on pace for its largest percentage increase since October 2017. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 13:42 ET (17:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UA","symbol_name":"安德玛公司C类股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533919555","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533919555","pubTimestamp":1746466920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1342 ET - The deal between Skechers and 3G Capital highlights value in the softline retail sector, says TD Cowen's John Kernan and Krista Zuber in a research note. 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The maker of comfy sneakers agreed to sell itself to the private equity firm in a deal worth about $9.4 billion. The analysts say it highlights opportunistic investing in the sector given market uncertainty, with sector valuation multiples near five-year lows. They add that 3G's playbook of boosting margins creates the likelihood that Skechers becomes public again in the distant future. The analysts say that Under Armour, Figs, Columbia Sportswear and Yeti all have similar shareholder voting rights and founder-led dynamics to Skechers. Skechers surges 25% to $61.49, on pace for its largest percentage increase since October 2017. (denny.jacob@wsj.com; @pennedbyden) \n\n\n  (END) Dow Jones Newswires\n\n\n  May 05, 2025 13:42 ET (17:42 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}