Business

From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals

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U.S. President Donald Trump's trade war is helping to push U.S. clothing and footwear acquisitions to all-time highs this year, with some companies merging to help offset tariff costs while others go private to weather the next 3-1/2 years of his presidency outside of the public market, dealmakers say.

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