The Biggest Footwear M&A Deals of 2025

Group 1: Industry Overview - The footwear industry is experiencing significant deal activity, highlighted by the largest footwear buyout in history in 2025 [1] - Private equity firms are currently more focused on selling stakes in portfolio companies rather than pursuing new acquisitions, leading to reduced competition for strategic buyers [1] Group 2: Major Transactions - Skechers USA Inc. completed a $9 billion go-private deal with 3G Capital, marking the largest shoe buyout ever [3] - The transaction was finalized in September 2025, reflecting the successful leadership of Robert and Michael Greenberg, who have transformed Skechers into a global powerhouse [4] - Nordstrom Inc. was taken private in a $6.25 billion all-cash deal by the Nordstrom family and El Puerto de Liverpool, with the Nordstrom family retaining a controlling 50.1% stake [6]