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Adidas

Business
Skechers Sold In $11B Deal As Trump's Tariffs Raise Worries For Shoemakers Skechers Sold In $11B Deal As Trump's Tariffs Raise Worries For Shoemakers
Skechers Sold In $11B Deal As Trump's Tariffs Raise Worries For Shoemakers A private equity firm will purchase Skechers as President Donald Trump's sweeping tariffs create growing uncertainty for US footwear companies. 3G Capital will buy Skechers for what could be worth up to $11 billion, the shoemaker announced in a news release on Monday, May 5. Once finalized, the deal will make Skechers private and it'll be delisted from the New York Stock Exchange. Skechers, which is the third-largest footwear brand globally behind Nike and Adidas, will continue to be led by CEO Robert Greenberg and president Michael Greenberg. The company's headquarters will remai…

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by Chris Spiker
Sports
Boston Celtics Jaylen Brown Leaves Kanye West's Donda Sports Agency Over Controversial Comments Boston Celtics Jaylen Brown Leaves Kanye West's Donda Sports Agency Over Controversial Comments
Boston Celtics Jaylen Brown Leaves Kanye West's Donda Sports Agency Over Controversial Comments Boston Celtics star Jaylen Brown reversed his decision to stay with Kanye West's agency Donda Sports following the rap star's recent offensive comments.  Brown said on Monday, Oct. 24, that while he disagreed with West's remarks, he would keep his deal with his agency. On Tuesday, he released a statement saying he wanted to clarify his position and had decided to end his relationship with the company.  “In the past 24 hours, I’ve been able to reflect and better understand how my previous statements lack clarity in expressing my stance against recent insensitive public remarks and actions,”…

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by Josh Lanier
Police & Fire
'I Don't Have To Pay For These': Boston Man Pulls Off Brazen Knifepoint Robbery At Shoe Store 'I Don't Have To Pay For These': Boston Man Pulls Off Brazen Knifepoint Robbery At Shoe Store
'I Don't Have To Pay For These': Boston Man Pulls Off Brazen Knifepoint Robbery At Shoe Store A Boston man is charged with armed robbery after police said he pulled a knife on a store manager over a pair of shoes.  Jason Johnson is accused of robbing the Downtown Crossing DSW in Boston on Sept. 29, the Suffolk County District Attorney's Office said. Police arrested him last week.  Employees of the store said Johnson triggered the alarm when he walked into the Washington Street store around 7:30 p.m., which indicated he had stolen merchandise from another store on him, police said. Johnson put on a pair of black Adidas shoes and left the box behind. When a store manager app…

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by Josh Lanier