3G Capital is acquiring Skechers in a $9.4 billion deal, paying a notable premium and taking the shoe giant private. Despite recent tariff challenges and macroeconomic uncertainty, Skechers’ leadership will remain in place. 3G aims to use its expertise to support Skechers’ ongoing growth.
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For the second month in a row, EPRA has kept fuel prices unchanged in Nairobi, with subsidies substantially increased to cushion oil marketers and transporters from rising operational costs. This decision, influenced by a recent Cost of Service Study, aligns with falling global oil prices to mitigate consumer impacts and stabilize market dynamics.
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Aston Martin, the renowned luxury car brand, is navigating significant hurdles as it attempts to balance prestige with profitability. Recent financial reports indicate a drop in average selling prices due to fewer deliveries of high-end models. As the company confronts these financial strains, it must also tackle strategic challenges in transitioning to a more mainstream role without losing its exclusivity and face stiff competition from brands like Ferrari and Lamborghini.
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