Core Viewpoint - Skechers, the third-largest athletic shoe retailer globally, announced a privatization decision in partnership with 3G Capital, which is expected to enhance its long-term strategic focus amid economic uncertainties [2][4][8]. Group 1: Company Overview - Skechers was founded in 1992 by Robert Greenberg and is headquartered in Manhattan Beach, California, initially selling work boots before expanding into athletic footwear [4]. - The company is known for its comfortable shoe styles priced lower than competitors like Nike and Adidas, and it is one of the largest consumer goods companies led by its founder [4]. - Skechers' sales reached nearly $9 billion in 2024, marking a 12% year-over-year growth, with significant contributions from the Chinese market [5]. Group 2: Privatization Details - On May 5, Skechers announced an agreement with 3G Capital to acquire all outstanding shares at $63 per share, representing a 30% premium over the average stock price over the past 15 days [4]. - Following the acquisition, 3G Capital is expected to hold approximately 80% of the new company, and the current leadership will remain in place [4]. - The transaction has been approved by Skechers' board and is anticipated to close in the third quarter of 2025 [4]. Group 3: Market Reaction and Financial Performance - Skechers' stock price surged by 25% following the privatization announcement, marking the highest intraday increase in over seven years [5]. - The company withdrew its full-year 2025 earnings forecast due to economic uncertainties stemming from global trade policies [6]. - In the first quarter of fiscal 2025, Skechers achieved a record quarterly sales of $2.41 billion, with international sales accounting for 65% of total sales [5]. Group 4: Industry Context - The company faces challenges from global trade policy changes, which have been identified as significant risks to its business operations [7]. - Skechers, along with other brands, has expressed concerns over tariffs impacting the footwear industry, highlighting the potential for increased operational risks and consumer demand suppression [7]. - Analysts suggest that privatization may allow Skechers to navigate short-term pressures and focus on long-term strategic adjustments amid trade tensions and economic uncertainty [8].

Group 1 - The UK and India have reached an agreement on a Free Trade Agreement (FTA) after more than 10 rounds of negotiations since January 2022, with concerns over "Trump tariffs" accelerating the talks [1][2] - The agreement is expected to benefit both nations, with UK Prime Minister Starmer stating it will bring advantages to British citizens and businesses, while Indian Prime Minister Modi emphasized trade, investment, economic growth, job creation, and innovation [1][2] - The UK government estimates that 90% of goods exported to India will see a reduction in tariffs, with significant cuts in tariffs for whiskey and gin from 150% to 75%, and eventually to 40%, while car tariffs will drop from over 100% to 10% [1][2] Group 2 - India's exports to the UK will also benefit, with reduced tariffs on products such as clothing, footwear, and frozen shrimp [2] - The trade agreement is projected to increase trade between the UK and India by £25.5 billion by 2040, contributing an additional £4.8 billion to the UK's GDP [2] - This FTA is a significant step for the UK post-Brexit, following its entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), while India aims to boost its domestic manufacturing in sectors like automobiles and smartphones [2]

Core Viewpoint - The India-UK trade agreement presents export opportunities for various sectors including textiles, seafood, footwear, gems, and jewelry [1] Industry Summary - The textile industry is expected to benefit significantly from the trade agreement, enhancing export potential [1] - The seafood sector will also see increased opportunities for exports, potentially boosting revenue [1] - Footwear exports are likely to gain traction due to favorable trade terms established in the agreement [1] - The gems and jewelry industry stands to expand its market reach, leveraging the trade deal for increased exports [1]

每经记者 孙宇婷 每经编辑 张海妮 凭借大众化定位和舒适性优势在全球鞋类市场"杀"出重围的斯凯奇（NYSE:SKX），于当地时间5月5日突然宣布私有化决定。作为全球第三大运动鞋零售 商、两度入选《财富》500强的行业巨头，这一举措引发市场震动。 《每日经济新闻》记者注意到，就在不久前，包括耐克、阿迪达斯、斯凯奇在内的76家鞋企联名致信白宫，请求豁免所谓的"对等关税"，因为新关税政策已 对平价鞋企构成"生存威胁"，若政策持续，部分企业恐面临倒闭风险。 新关税政策下，一双原本售价1100元的球鞋，如今消费者要支付近1700元，这让主打"高性价比"的斯凯奇陷入两难境地。机构普遍认为，斯凯奇选择此时私 有化，实为规避上市公司监管压力，以便在关税风波中掌握更大的经营自主权。 斯凯奇获3G资本溢价收购 2024年，斯凯奇销售额近90亿美元，同比增长12%。过去五年，公司营收几乎翻了一番。作为斯凯奇最大的海外市场，中国市场的高速发展起到了关键作 用。 在刚过去的2025财年第一季度，斯凯奇实现了创纪录的24.1亿美元季度销售额，其中，国际销售额占比达65%。按区域看，欧洲、中东和非洲地区销售额增 长了14%，美洲地区销售额 ...

经济观察报 记者 叶心冉 5月5日，斯凯奇发布公告（Skechers，SKX.NYSE）宣布，已与投资公司3G资本（3G Capital）达成收 购协议。3G资本将以每股63美元收购斯凯奇全部流通股，较斯凯奇过去15天成交量加权平均股价溢价 30%。待收购完成后，3G资本预计将持有新成立公司（New LLC）约80%的股权，从而实现对斯凯奇的 控股。3G资本是汉堡王母公司RBI的控股股东，此次交易已获斯凯奇董事会批准，预计将于2025年第三 季度完成。交易完成后，斯凯奇将成为一家私人控股公司。 （原标题：汉堡王实控方3G资本溢价30%吞下斯凯奇） 交易消息发布后，当地时间5月5日，斯凯奇开盘报61.79美元/股，较前一交易日收盘价上涨28.42%。 根据公告，斯凯奇现任董事长兼CEO罗伯特·格林伯格（Robert Greenberg）、总裁迈克尔·格林伯格 （Michael Greenberg）及首席运营官大卫·温伯格（David Weinberg）将继续领导公司。 斯凯奇成立于1992年，以"舒适科技"为定位，凭借高性价比、时尚设计和创新技术迅速崛起。2024年， 其全球销售额89.7 亿美元，创历史新高， ...

Group 1: Export Performance - In 2024, China is expected to export 9.2 billion pairs of shoes, with a total export value of 333.57 billion RMB, maintaining its position as the largest exporter [1] - The shoe exhibition at the Canton Fair showcased various types of shoes, including leather shoes, sandals, and casual shoes, featuring unique designs and patterns [1] Group 2: Technological Advancements - Chinese shoe companies are leveraging digital transformation and technological breakthroughs to innovate shoe manufacturing processes [1] - Jiming Footwear Co., Ltd. has implemented smart production equipment and digital management systems, achieving a 30% increase in order delivery efficiency and maintaining a product qualification rate of over 98% [1] Group 3: Product Innovation in Toys - Chinese toy companies are innovating product designs, incorporating traditional cultural elements into their offerings, such as puzzle blocks that reflect Eastern architectural aesthetics [2] - Chengling Yongdao Trading Co., Ltd. has launched a series of Chinese-style educational building blocks that enhance children's hand-eye coordination while integrating ancient architectural beauty [2] Group 4: Rural Revitalization and Unique Products - The Canton Fair featured a special area for rural revitalization products, showcasing local specialties from poverty alleviation regions, such as honey wine from Xinjiang and ancient tree tea from Yunnan [2] - Linshu Qinglang Craft Co., Ltd. presented over 2,000 items, including willow baskets and fabric products, which received positive feedback from international buyers [2] Group 5: Food and Agriculture Sector - A total of 1,147 companies participated in the food and agriculture section of the Canton Fair, covering various categories including food, carpets, leather products, and pet supplies [2] - The attendance of buyers at this year's fair exceeded that of the previous year, with companies reporting an increase in buyer traffic and better-than-expected transaction intentions [2]

贸易战将扩展到娱乐产业 2025 年五一假期期间，全球风险资产延续修复行情，其中中国资产领涨 。 美股纳指累计上涨 3.05% ，恒生科技指数飙升 3.08% ， A50 期指 小幅上扬 1% ，离岸人民币兑美元升值至 7.2 关口 。 科技股引领全球反弹 。 微软财报超预期带动纳斯达克"科技七巨头"集体走强，半导体、云计算板块领涨。腾讯、阿里巴巴受益美科技股涨势，恒 生科技指数单日涨幅创三个月新高，短视频、跨境电商概念活跃。对于 A 股，业内人士认为明 日或高开后分化，看好银行、高速公路等红利资 产。 美方主动向中方传递信息希望谈起来 中方回应：正在评估 中方注意到美方高层多次表态，表示愿与中方就关税问题进行谈判。同时，美方近期通过相关方面多次主动向中方传递信息，希望与中方谈起来。对此， 中方正在进行评估。中方立场始终如一，打，奉陪到底；谈，大门敞开。关税战、贸易战是由美方单方发起的，美方想谈就应拿出谈的诚意，要在纠正错 误做法、取消单边加征关税等问题上做好准备，拿出行动。 特朗普宣布对进口电影征收 100% 关税 美国总统特朗普于 5 月 5 日宣布， 将授权美国商务部和美国贸易代表立即启动程序，对所有进 ...

Group 1 - Warren Buffett announced he will resign as CEO of Berkshire Hathaway by the end of the year, recommending Greg Abel as his successor [3] - Berkshire Hathaway's Q1 net profit dropped to $4.603 billion, down from $12.702 billion in the same period last year, with Q1 EPS at $3,200 compared to $8,825 [3][5] - The company reported a Q1 revenue of $89.725 billion, slightly down from $89.869 billion year-on-year, with a significant investment loss of $6.435 billion compared to a gain of $1.876 billion in the previous year [5] Group 2 - Ant Group is reportedly planning to list its overseas unit, Ant International, in Hong Kong, with no regulatory obstacles currently identified [13] - The Chinese software industry generated revenue of 31,479 billion yuan in Q1, marking a year-on-year growth of 10.6%, with total profits increasing by 11.6% [18] - The U.S. has imposed a 25% tariff on imported key automotive parts, potentially increasing the cost of manufacturing a vehicle in the U.S. by $2,000 to $12,000 [12]

Group 1 - The U.S. tariff policy has led to significant price increases in consumer goods, with a 53% rise in the price of shoes, from $150 to $230, due to the tariffs imposed [1][2] - The apparel industry is heavily reliant on imports, with 98% of clothing items imported, and the tariff policy is projected to increase clothing prices by 65% and shoe prices by up to 87% over the next year [2][3] - Basic clothing items, such as T-shirts and underwear, are expected to face the most severe impact from tariffs, as they are frequently imported and have low profit margins, which will lead to higher prices for low-income households [2][3] Group 2 - A letter signed by 76 shoe brands, including Nike and Adidas, has been sent to the White House requesting exemptions from the tariffs, citing that many companies producing affordable footwear cannot bear the high tariffs and may face closure [3] - The pharmaceutical sector is also affected, with an estimated increase of $51 billion in import costs due to tariffs, leading to a projected 12.9% rise in drug prices for consumers [3] - The tariffs are expected to reduce the competitiveness of the U.S. pharmaceutical industry, increasing production costs by 4.1% and potentially leading to job losses in the sector [3] Group 3 - Economic experts indicate that the damage from the tariff policy may already be done, with significant impacts expected to manifest by the end of May, particularly affecting low-income Americans who will spend a larger portion of their income on goods [4]

克拉克在4月30日晚间发给财政部长贝森特、商务部长卢特尼克和美国贸易代表格里尔的信中写道："我们 深感担忧，哪怕只需数周或数月就能达成协议，许多小企业也将遭受无法弥补的损害。" 当地时间5月2日消息，美国鞋类分销商和零售商协会本周致信白宫，请求豁免美国总统特朗普所谓 的"对等关税"，称这些关税对鞋类行业构成了"生存威胁"。 据悉，这封信由76个鞋类品牌签署，其中包括耐克、阿迪达斯、斯凯奇和安德玛。信中表示，许多生产平 价鞋类的公司无法承受如此高的关税，也无法转嫁这些成本。如果不立即解除对等关税，这些公司将不得 不倒闭。该协会表示，许多订单已被搁置，美国消费者的鞋类库存可能很快就会不足。 另据央视新闻援引美国消费者新闻与商业频道（CNBC）报道，当地时间4月30日，美国商会致信特朗普 政府，敦促其立即实施"关税豁免机制"，以防止美国经济陷入衰退，并对小企业造成"无法弥补的伤害"。 不过，白宫拒绝了他们的请求。 美国商会代表全美超过300万家企业和组织，是全球规模最大、影响力最广的商业组织之一。该组织要求 特朗普政府的主要贸易官员取消对所有小型企业进口商以及对所有"无法在美国生产"或美国国内无法获得 的产品的关税 ...