<p>在 2025 年的前六个月，沃尔格林宣布被 Sycamore Partners 收购，美元树透露出售 Family Dollar，哈德逊湾同意将其知识产权出售给加拿大轮胎公司。</p>
<p>自 2021 年以来，Retail Dive 一直在跟踪行业内的重大交易，从首次公开募股到收购、少数投资等。在 2025 年的上半年，Retail Dive 统计了 26 笔销售和收购交易。相比之下，去年同期为 22 笔，2023 年为 26 笔。</p>
<p>最近几个月，交易激增，其中九笔交易发生在 5 月。那个月，Levi's 以 3.11 亿美元的交易将 Docker's 出售给 Authentic Brands Group，而 GameStop 则以未披露的金额出售了其加拿大业务。</p>
<p>Columbus Consulting 的管理合伙人 Alain Krakirian 表示，目前交易频繁的气候是全球经济变化和数字优先消费趋势持续影响的结果。零售商面临着更紧的利润率和市场细分多样化的压力，迫使他们寻找新的增长方式，以保持与消费者的相关性。</p>
<p>Krakirian 表示：“当时机成熟时，正如现在由于 COVID、通货膨胀、关税和新的有利商业管理所导致的零售疲软，洪水闸门就会打开。” 他在 True Religion 和 Hot Topic 等公司的高管领导经验也为他提供了这种见解。</p>
<p>以下是上半年五笔重大交易的概览，以及这对整个零售行业的意义。</p>
<h3><strong>E.l.f. Beauty 收购 Rhode</strong></h3>
<p>5 月 28 日，E.l.f. Beauty 宣布将以 10 亿美元收购 Hailey Bieber 的美容品牌 Rhode，预计将在今年晚些时候完成交易。该交易在关闭时的定价为 8 亿美元，并包括未来三年基于业绩的额外 2 亿美元支付。</p>
<p>在 5 月的财报电话会议上，E.l.f.首席执行官 Tarang Amin 表示，公司对并购有 “非常高的标准”，只有在找到 “共赢的力量倍增器” 时才会采取行动。</p>
<p>Bieber 计划在公司担任多个领导角色，包括首席创意官、创新负责人和战略顾问。在交易达成时，Rhode 在前 12 个月的净销售额刚刚达到 2.12 亿美元。</p>
<p>Krakirian 表示，E.l.f.正试图扩展到高端、奢侈的美容市场。E.l.f.与 Rhode 的交易也使该美容品牌进一步向护肤领域倾斜，因为它已经运营着 E.l.f. Skin 和 Naturium。</p>
<p>两年前，E.l.f. Beauty 收购了 Naturium，预计将 E.l.f.的护肤业务提升至约 18% 的零售销售额。E.l.f.正以与 Naturium 类似的方式与 Rhode 展开合作，计划通过与合作伙伴的联系进一步推动 Rhode 的零售分销。E.l.f.还表示计划扩大 Rhode 的产品种类和品牌知名度。</p>
<h3><strong>Dick’s Sporting Goods 收购 Foot Locker</strong></h3>
<p>5 月 15 日，Dick’s Sporting Goods 启动了一项价值 24 亿美元的交易，收购 Foot Locker 并将其作为独立业务运营。合并后，该公司将在 26 个国家运营超过 3200 家门店，年收入总额达到 210 亿美元。该交易预计将在下半年完成。</p>
<p>Dick’s 执行董事长 Ed Stack 告诉分析师，此次收购将加强两家零售商与品牌的合作关系。耐克是两家零售商的关键合作伙伴，其转型也将在影响 Foot Locker 未来方面发挥重要作用。</p>
<p>通过此次交易，Dick’s 预计将获得一批专注于生活方式的新客户，并利用 Foot Locker 主要在城市环境中运营的门店布局。目前没有计划在 Foot Locker 进行大规模的门店关闭。Foot Locker 目前在全球运营超过 2400 家门店，而 Dick’s 大约有 850 个地点。</p>
<p>Dick’s 每个季度都发布强劲的业绩，而 Foot Locker 的销售则持续下滑。Foot Locker 正处于转型之中，Dick’s 认为通过收购可以进一步推动其朝着正确的方向发展。</p>
<h3><strong>Michaels 收购 Joann 的知识产权和自有品牌</strong></h3>
<p>Joann 在 2 月份宣布计划停业并关闭所有门店，作为其在不到一年内第二次申请破产后资产出售的一部分。</p>
<p>然后在 6 月 5 日，Michaels 以未披露的金额收购了 Joann 的知识产权和自有品牌。Michaels 在此次交易中没有接手任何实体的 Joann 门店。</p>
<p>Krakirian 认为这笔交易并不是一个战略性的零售计划。他表示，有时一个品牌可能会拖慢其他品牌的发展，以减少竞争并建立稳定性。</p>
<p>随着 Joann 门店的关闭，一项调查发现，购物者不得不在像 Michael's 和 Hobby Lobby 这样的工艺连锁店中寻找替代品，这些店有望获得市场份额。Michaels 还在 Party City 破产后增加了派对用品的供应。该零售商的知识产权被 New Amscan 收购，尽管 Michaels 是一个备选竞标者。</p>
<h3><strong>Beyond 的收购狂潮</strong></h3>
<p>Beyond 在 2025 年已经收购了多个品牌。</p>
<p>5 月 12 日，Beyond 同意以 500 万美元收购 Kirkland 的知识产权，并计划将其许可回给零售商。该交易建立在与 Kirkland 的先前合作基础上。合作细节包括五家社区小型 Bed Bath &amp; Beyond 门店的回归，同时 Beyond 还在 Kirkland 进行了一项 2500 万美元的债务和股权交易。</p>
<p>然后在 6 月，Kirkland 宣布将其名称更改为 “The Brand House Collective”，以配合与 Beyond Inc.的合作。</p>
<p>此外，今年，Beyond 在收购 Zulily 一年后出售了其大部分股份。Beyond 还收购了 BuyBuy Baby。在 BuyBuy Baby 在前任所有者手下关闭所有门店几个月后，Beyond Inc.宣布将开设另一家 BuyBuy Baby 门店。</p>
<p>“Beyond 活动是 Bed Bath and Beyond 的重新出现，重建原始投资组合中盈利的一面——就像是一次重做，” Krakirian 说。“这个品牌代表了从婴儿到大学、婚姻/登记到缩小规模及更远的生活时刻。通过利用产品组合和数字优势回归核心商业模式是这个曾经陷入困境的品牌前进的道路。”</p>
<p>这一活动始于 2023 年 Overstock 在破产中收购 Bed Bath &amp; Beyond，重新品牌为 Beyond 并关闭了 Overstock 的网站。Beyond 的执行董事长 Marcus Lemonis 随后称关闭该网站为 “致命错误”，并在之后恢复了该网站。</p>
<h3><strong>Skechers 自我出售</strong></h3>
<p>5 月 5 日，Skechers 以 94 亿美元的价格将自己出售给投资公司 3G Capital。因此，Skechers 不再在纽约证券交易所交易。Evercore 的分析称这是近年来软线行业最大的私有化交易之一。Skechers 将继续由董事长兼首席执行官 Robert Greenberg、总裁 Michael Greenberg 和首席运营官 David Weinberg 领导。</p>
<p>一些投资者在 6 月初起诉这家鞋类公司，指控其违反联邦证券法，未能向股东披露重要信息。原告的律师表示，Skechers 未能向美国证券交易委员会提交 Schedule 13E-3，这是私有化交易所需的步骤。</p>
<p>起诉的 Skechers 股东集团还对 Robert 和 Michael Greenberg 提出了投诉。</p>
<p>合并上个月获得了反垄断批准，但一个股东集团随后提出动议，要求 Skechers 暂停交易，可能会延迟该过程。上周，当加州联邦地区法院法官驳回了一名投资者对初步禁令的请求时，担忧有所缓解。</p>
<p>在收购之前，Skechers 在 2025 年第一季度创下了销售记录，同时撤回了指导，理由是 “全球贸易政策带来的宏观经济不确定性。”</p>
<p>Evercore 分析师表示，3G 收购 Skechers 支持了鞋类行业在特朗普政府的关税政策下仍将长期盈利的观点。</p>

沃尔格林联合博姿

美元树

<p>在 2025 年上半年，出现了显著的零售交易，包括沃尔格林被 Sycamore Partners 收购以及美元树出售 Family Dollar。Retail Dive 报道了 26 笔销售和收购，较去年增加了 4 笔。值得注意的交易包括 E.l.f. Beauty 以 10 亿美元收购 Rhode，以及 Dick’s Sporting Goods 以 24 亿美元收购 Foot Locker。这一交易激增归因于经济变化和数字消费趋势，零售商在利润空间收窄的情况下寻求增长。分析师表示，这些收购旨在增强市场存在感和品牌多样化</p>

<p>In only the first six months of 2025, Walgreens announced its acquisition by Sycamore Partners, Dollar Tree divulged its sale of Family Dollar and Hudson's Bay agreed to sell its IP to Canadian Tire Corp.</p>
<div class="lb-trans"><p>在 2025 年的前六个月，沃尔格林宣布被 Sycamore Partners 收购，美元树透露出售 Family Dollar，哈德逊湾同意将其知识产权出售给加拿大轮胎公司。</p>
</div><p>Retail Dive since 2021 has tracked major deals in the industry, from IPOs to acquisitions, minority investments and more.In just the first half of 2025, Retail Dive counted 26 sales and acquisitions.That compares to 22 last year and 26 in 2023 in the same period.</p>
<div class="lb-trans"><p>自 2021 年以来，Retail Dive 一直在跟踪行业内的重大交易，从首次公开募股到收购、少数投资等。在 2025 年的上半年，Retail Dive 统计了 26 笔销售和收购交易。相比之下，去年同期为 22 笔，2023 年为 26 笔。</p>
</div><p>In recent months, deals have surged, with nine of those deals taking place in May. That month, Levi’s sold Docker’s to Authentic Brands Group in a $311 million deal, while GameStopsold its Canadian business for an undisclosed amount.</p>
<div class="lb-trans"><p>最近几个月，交易激增，其中九笔交易发生在 5 月。那个月，Levi's 以 3.11 亿美元的交易将 Docker's 出售给 Authentic Brands Group，而 GameStop 则以未披露的金额出售了其加拿大业务。</p>
</div><p>Alain Krakirian, a managing partner at Columbus Consulting, said the current deal-heavy climate is a result of global economic changes and the continued impact of digital-first consumer trends. Retailers are being pressured by tighter margins and market segment diversification to find new ways to grow and stay relevant with consumers.</p>
<div class="lb-trans"><p>Columbus Consulting 的管理合伙人 Alain Krakirian 表示，目前交易频繁的气候是全球经济变化和数字优先消费趋势持续影响的结果。零售商面临着更紧的利润率和市场细分多样化的压力，迫使他们寻找新的增长方式，以保持与消费者的相关性。</p>
</div><p>“When the timing is ripe, as it is now with weakened retail from COVID, inflation, tariffs and new favorable business administration, the floodgates open,” said Krakirian, who also has executive leadership experience at companies like True Religion and Hot Topic.</p>
<div class="lb-trans"><p>Krakirian 表示：“当时机成熟时，正如现在由于 COVID、通货膨胀、关税和新的有利商业管理所导致的零售疲软，洪水闸门就会打开。” 他在 True Religion 和 Hot Topic 等公司的高管领导经验也为他提供了这种见解。</p>
</div><p>Here’s a look at five major deals from the first half of the year and what this means for the retail industry as a whole.</p>
<div class="lb-trans"><p>以下是上半年五笔重大交易的概览，以及这对整个零售行业的意义。</p>
</div><h3><strong>E.l.f. Beauty snaps up Rhode</strong></h3>
<div class="lb-trans"><h3><strong>E.l.f. Beauty 收购 Rhode</strong></h3>
</div><p>On May 28, E.l.f. Beauty announced it would acquire Hailey Bieber’s beauty brand Rhode in a $1 billion deal expected to close later this year. The deal was priced at $800 million during closing and includes an additional $200 million as a performance-based payout over the next three years.</p>
<div class="lb-trans"><p>5 月 28 日，E.l.f. Beauty 宣布将以 10 亿美元收购 Hailey Bieber 的美容品牌 Rhode，预计将在今年晚些时候完成交易。该交易在关闭时的定价为 8 亿美元，并包括未来三年基于业绩的额外 2 亿美元支付。</p>
</div><p>In a May earnings call, E.l.f. CEO Tarang Amin said the company has a “very high bar” for mergers and acquisitions and only acts when finding a “win-win force multiplier.”</p>
<div class="lb-trans"><p>在 5 月的财报电话会议上，E.l.f.首席执行官 Tarang Amin 表示，公司对并购有 “非常高的标准”，只有在找到 “共赢的力量倍增器” 时才会采取行动。</p>
</div><p>Bieber plans to stay close to the company across various leadership roles including chief creative officer, head of innovation and as a strategic adviser. At the time of the deal, Rhode had just netted $212 million in net sales for the preceding 12 months.</p>
<div class="lb-trans"><p>Bieber 计划在公司担任多个领导角色，包括首席创意官、创新负责人和战略顾问。在交易达成时，Rhode 在前 12 个月的净销售额刚刚达到 2.12 亿美元。</p>
</div><p>Krakirian said E.l.f. is attempting to expand into the upscale, prestige beauty market. E.l.f.'s deal with Rhode also leans the beauty brand further into skin care, as it already operates E.l.f. Skin and Naturium.</p>
<div class="lb-trans"><p>Krakirian 表示，E.l.f.正试图扩展到高端、奢侈的美容市场。E.l.f.与 Rhode 的交易也使该美容品牌进一步向护肤领域倾斜，因为它已经运营着 E.l.f. Skin 和 Naturium。</p>
</div><p>Two years ago, E.l.f. Beauty acquired Naturium in a deal that was expected to double E.l.f. 's skin care presence to about 18% of retail sales. E.l.f. is engaging in a similar approach with Rhode as it did with Naturium, with plans to further move Rhode into retail distribution through its ties to partners. E.l.f. said it also plans to expand Rhode’s product assortment and brand awareness.</p>
<div class="lb-trans"><p>两年前，E.l.f. Beauty 收购了 Naturium，预计将 E.l.f.的护肤业务提升至约 18% 的零售销售额。E.l.f.正以与 Naturium 类似的方式与 Rhode 展开合作，计划通过与合作伙伴的联系进一步推动 Rhode 的零售分销。E.l.f.还表示计划扩大 Rhode 的产品种类和品牌知名度。</p>
</div><h3><strong>Dick’s Sporting Goods buys Foot Locker</strong></h3>
<div class="lb-trans"><h3><strong>Dick’s Sporting Goods 收购 Foot Locker</strong></h3>
</div><p>On May 15, a $2.4 billion deal was initiated for Dick’s Sporting Goods to acquire Foot Locker and operate it as a stand-alone business. Combined, the company will run over 3,200 stores in 26 countries and make a total of $21 billion in revenue. The deal is expected to close in the second half of the year.</p>
<div class="lb-trans"><p>5 月 15 日，Dick’s Sporting Goods 启动了一项价值 24 亿美元的交易，收购 Foot Locker 并将其作为独立业务运营。合并后，该公司将在 26 个国家运营超过 3200 家门店，年收入总额达到 210 亿美元。该交易预计将在下半年完成。</p>
</div><p>Dick’s Executive Chairman Ed Stack told analysts the acquisition would strengthen both retailers’ partnerships with brands. Nike is a key partner to both retailers and its turnaround will also play a major role in influencing Foot Locker’s future.</p>
<div class="lb-trans"><p>Dick’s 执行董事长 Ed Stack 告诉分析师，此次收购将加强两家零售商与品牌的合作关系。耐克是两家零售商的关键合作伙伴，其转型也将在影响 Foot Locker 未来方面发挥重要作用。</p>
</div><p>Through the deal, Dick’s expects to gain a new subset of customers focused on lifestyle and take advantage of Foot Locker’s store footprint that operates mostly in urban environments. There are no plans as of now for mass store closures at Foot Locker. Foot Locker currently operates over 2,400 stores globally, while Dick’s has roughly 850 locations.</p>
<div class="lb-trans"><p>通过此次交易，Dick’s 预计将获得一批专注于生活方式的新客户，并利用 Foot Locker 主要在城市环境中运营的门店布局。目前没有计划在 Foot Locker 进行大规模的门店关闭。Foot Locker 目前在全球运营超过 2400 家门店，而 Dick’s 大约有 850 个地点。</p>
</div><p>Dick’s has posted strong numbers quarter after quarter, while Foot Locker sales continue to slide. Foot Locker is in the midst of a turnaround and with the acquisition, Dick’s thinks it can help push things further in the right direction.</p>
<div class="lb-trans"><p>Dick’s 每个季度都发布强劲的业绩，而 Foot Locker 的销售则持续下滑。Foot Locker 正处于转型之中，Dick’s 认为通过收购可以进一步推动其朝着正确的方向发展。</p>
</div><h3><strong>Michaels acquires Joann’s IP, private labels</strong></h3>
<div class="lb-trans"><h3><strong>Michaels 收购 Joann 的知识产权和自有品牌</strong></h3>
</div><p>Joann in February announced plans to go out of business and close all of its stores as part of a sale of its assets after filing for bankruptcy for the second time in under a year.</p>
<div class="lb-trans"><p>Joann 在 2 月份宣布计划停业并关闭所有门店，作为其在不到一年内第二次申请破产后资产出售的一部分。</p>
</div><p>Then on June 5, Michaels acquired Joann’s intellectual property and private labels for an undisclosed amount. Michaels didn’t take on any physical Joann locations in the deal.</p>
<div class="lb-trans"><p>然后在 6 月 5 日，Michaels 以未披露的金额收购了 Joann 的知识产权和自有品牌。Michaels 在此次交易中没有接手任何实体的 Joann 门店。</p>
</div><p>Krakirian doesn’t find this deal to be a strategic retail plan. He instead offers that sometimes a brand may stall others to both minimize competition and build stability.</p>
<div class="lb-trans"><p>Krakirian 认为这笔交易并不是一个战略性的零售计划。他表示，有时一个品牌可能会拖慢其他品牌的发展，以减少竞争并建立稳定性。</p>
</div><p>As Joann stores closed, a survey found that shoppers were left to look for alternatives at craft chain stores like Michael’s and Hobby Lobby, which are poised to pick up market share. Michael’s also upped its party supplies following Party City’s bankruptcy. That retailer’s IP was acquired by New Amscan, though Michael’s was a backup bidder.</p>
<div class="lb-trans"><p>随着 Joann 门店的关闭，一项调查发现，购物者不得不在像 Michael's 和 Hobby Lobby 这样的工艺连锁店中寻找替代品，这些店有望获得市场份额。Michaels 还在 Party City 破产后增加了派对用品的供应。该零售商的知识产权被 New Amscan 收购，尽管 Michaels 是一个备选竞标者。</p>
</div><h3><strong>Beyond’s acquisition spree</strong></h3>
<div class="lb-trans"><h3><strong>Beyond 的收购狂潮</strong></h3>
</div><p>Beyond has already purchased multiple brands in 2025.</p>
<div class="lb-trans"><p>Beyond 在 2025 年已经收购了多个品牌。</p>
</div><p>On May 12, Beyond agreed to acquire Kirkland’s intellectual property for $5 million with plans to license it back to the retailer. The deal builds on a previous partnership with Kirkland’s. The partnership details the return of five neighborhood, small-format Bed Bath &amp; Beyond stores, alongside Beyond investing $25 million in Kirkland’s in a combined debt and equity transaction.</p>
<div class="lb-trans"><p>5 月 12 日，Beyond 同意以 500 万美元收购 Kirkland 的知识产权，并计划将其许可回给零售商。该交易建立在与 Kirkland 的先前合作基础上。合作细节包括五家社区小型 Bed Bath &amp; Beyond 门店的回归，同时 Beyond 还在 Kirkland 进行了一项 2500 万美元的债务和股权交易。</p>
</div><p>Then in June, Kirkland’s announced it would change its name to “The Brand House Collective,” after its tie-up with Beyond Inc.</p>
<div class="lb-trans"><p>然后在 6 月，Kirkland 宣布将其名称更改为 “The Brand House Collective”，以配合与 Beyond Inc.的合作。</p>
</div><p>Also this year, Beyond sold a majority stake in Zulily, after acquiring it a year prior. Beyond also bought BuyBuy Baby. Months after BuyBuy Baby closed all of its locations under a former owner, Beyond Inc. announced it would open another BuyBuy Baby store.</p>
<div class="lb-trans"><p>此外，今年，Beyond 在收购 Zulily 一年后出售了其大部分股份。Beyond 还收购了 BuyBuy Baby。在 BuyBuy Baby 在前任所有者手下关闭所有门店几个月后，Beyond Inc.宣布将开设另一家 BuyBuy Baby 门店。</p>
</div><p>“The Beyond activity is the reemergence of Bed Bath and Beyond, rebuilding the profitable side of the original portfolio — like a re-do,” Krakirian said. “The brand stood for life moments from babies to college, marriage/registry to downsizing and beyond. Returning to the core business model by leveraging both assortment and digital strength is a path forward for the previously troubled brand.”</p>
<div class="lb-trans"><p>“Beyond 活动是 Bed Bath and Beyond 的重新出现，重建原始投资组合中盈利的一面——就像是一次重做，” Krakirian 说。“这个品牌代表了从婴儿到大学、婚姻/登记到缩小规模及更远的生活时刻。通过利用产品组合和数字优势回归核心商业模式是这个曾经陷入困境的品牌前进的道路。”</p>
</div><p>This activity began with Overstock acquiring Bed Bath &amp; Beyond out of bankruptcy in 2023, rebranding as Beyond and taking down Overstock’s website. Beyond Executive Chairman Marcus Lemonis then called closing the site “a fatal mistake,” later restoring the website.</p>
<div class="lb-trans"><p>这一活动始于 2023 年 Overstock 在破产中收购 Bed Bath &amp; Beyond，重新品牌为 Beyond 并关闭了 Overstock 的网站。Beyond 的执行董事长 Marcus Lemonis 随后称关闭该网站为 “致命错误”，并在之后恢复了该网站。</p>
</div><h3><strong>Skechers sells itself</strong></h3>
<div class="lb-trans"><h3><strong>Skechers 自我出售</strong></h3>
</div><p>On May 5, Skechers sold itself to investment firm 3G Capital for $9.4 billion. As a result, Skechers no longer trades on the New York Stock Exchange. Analysis by Evercore called it one of the largest privatization deals for the softlines industry in years. Skechers will continue to be led by Chairman and CEO Robert Greenberg, President Michael Greenberg and Chief Operating Officer David Weinberg.</p>
<div class="lb-trans"><p>5 月 5 日，Skechers 以 94 亿美元的价格将自己出售给投资公司 3G Capital。因此，Skechers 不再在纽约证券交易所交易。Evercore 的分析称这是近年来软线行业最大的私有化交易之一。Skechers 将继续由董事长兼首席执行官 Robert Greenberg、总裁 Michael Greenberg 和首席运营官 David Weinberg 领导。</p>
</div><p>Some investors then sued the footwear company in early June for violating federal securities law by failing to disclose important information to shareholders. The plaintiff’s attorneys said that Skechers failed to file a Schedule 13E-3 with the U.S. Securities and Exchange Commission, a move required in go-private deals.</p>
<div class="lb-trans"><p>一些投资者在 6 月初起诉这家鞋类公司，指控其违反联邦证券法，未能向股东披露重要信息。原告的律师表示，Skechers 未能向美国证券交易委员会提交 Schedule 13E-3，这是私有化交易所需的步骤。</p>
</div><p>The Skechers shareholder group that sued also filed a complaint against both Robert and Michael Greenberg.</p>
<div class="lb-trans"><p>起诉的 Skechers 股东集团还对 Robert 和 Michael Greenberg 提出了投诉。</p>
</div><p>The merger was granted antitrust clearance last month, but a shareholder group then filed a motion asking Skechers to refrain from closing the deal, potentially delaying the process. Last week, worries subsided when a California federal district court judge ruled against an investor’s bid for a preliminary injunction.</p>
<div class="lb-trans"><p>合并上个月获得了反垄断批准，但一个股东集团随后提出动议，要求 Skechers 暂停交易，可能会延迟该过程。上周，当加州联邦地区法院法官驳回了一名投资者对初步禁令的请求时，担忧有所缓解。</p>
</div><p>Before the acquisition, during the first quarter of 2025, Skechers posted record sales while pulling guidance, citing “macroeconomic uncertainty stemming from global trade policies.&#34;</p>
<div class="lb-trans"><p>在收购之前，Skechers 在 2025 年第一季度创下了销售记录，同时撤回了指导，理由是 “全球贸易政策带来的宏观经济不确定性。”</p>
</div><p>Evercore analysts said that 3G acquiring Skechers supports the notion that footwear will continue operating profitably long-term despite the Trump administration’s tariffs.</p>
<div class="lb-trans"><p>Evercore 分析师表示，3G 收购 Skechers 支持了鞋类行业在特朗普政府的关税政策下仍将长期盈利的观点。</p>
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2025 年零售业五大最具影响力的交易