Skechers said to consider options, including IPO for Asian companies


Source: bollyinside.com bollyinside.com

Key Topics in this News Article:

News Snapshot:

The Manhattan Beach, California-based shoemaker has held preliminary talks with advisers to evaluate possibilities including a Hong Kong initial public offering of the business, said the people, who asked not to be identified as the information is private. An IPO could raise about $1.5 billion, the people said. Most Read from Bloomberg Deliberations are at an early stage, and Skechers could decide not to pursue alternative strategic options, the people said. Such a plan could involve the firm buying out its joint venture partners, one of the people said. The company formed Skechers China with Luen Thai Enterprises in 2007...