Skechers goes private in $9.4B deal amid tariff turmoil
Skechers will be taken private by 3G Capital in a $9.42 billion buyout, the largest in footwear history. The move follows a sharp stock decline and mounting pressure from steep U.S. tariffs on Chinese imports, a key supply source. With a $63-per-share offer, 3G gains control while founder Robert Greenberg and top leadership stay in place.
Analysts suggest the volatile macroeconomic climate hastened the deal, allowing Skechers to regroup away from Wall Street’s scrutiny. While the brand remains strong globally, cost-cutting and restructuring could pave the way for a future return to public markets under leaner operations.
Aviation’s climate reckoning: industry insiders call for radical change
A new group of aviation professionals, Call Aviation to Action, is sounding the alarm on the industry’s climate failures. Torn between their love of flying and the planet’s future, they argue that overreliance on offsets and weak UN oversight has stalled meaningful progress. With aviation emissions on track to soar, they advocate for science-based targets, demand management, and fair access to flying.
Former KLM VP Karel Bockstael warns that without bold action, aviation faces heavy regulation or collapse. The group envisions a cleaner, innovative future that redefines flight without destroying its magic.
Loneliness: a growing business responsibility
New global research shows that 44% of people worldwide feel moderately to very lonely, with Gen Z experiencing the highest levels. The Business vs Loneliness study, covering over 50,000 responses across five countries, urges employers to recognize loneliness as a serious social and economic issue, not just a personal one. Practical workplace steps like creating connection-friendly spaces, supporting solitude, and fostering community can help.
Companies like Asahi are already using hospitality spaces and digital platforms to promote social ties. Addressing loneliness can improve wellbeing, employee satisfaction, and loyalty—proving that reducing isolation is not only ethical but also a smart business strategy.