Crocs celebrated a billion
16.01.2012 4103

Crocs celebrated a billion

The extremely popular rubber shoe manufacturer announced that for the first time in 10 years of operation, the company’s revenues reached a billion dollars. On the day of this announcement, sales of Crocs shares on the stock exchange immediately rose by 20%.

In the past year, Crocs has significantly expanded its line of models, offering not only specific round sandals, but also ballet flats and winter boots made all from the same branded rubber. As a result, the company has become one of the largest shoe manufacturers in the United States. However, this barrel of honey also has its own fly in the ointment. Crocs has a debt that may alarm investors. The amount of debt is estimated at $ 130 million, writes fashionunited.ru
The hugely popular rubber shoe maker announced that for the first time in 10 years, the company has reached a billion in revenues ...
5
1
Rating

Latest News

Ralf Ringer opened an outlet in his own factory building.

Russian footwear brand Ralf Ringer announces the opening of a new flagship outlet in Moscow. This unique 500-square-meter space, located within its own factory, is located at 18 Otkrytoye Shosse, Bldg.…
14.11.2025 172

Sportmaster Group has closed its Urban Vibes retail project.

Sportmaster Group has closed its Urban Vibes retail project, which launched in 2020. All 17 stores of the multi-brand sportswear chain and the Urban Vibes online store have ceased operations. Experts believe the retail chain is not…
14.11.2025 194

Geox's revenue fell 6,2% in the first nine months to €492,8 million.

Geox's revenue for the first nine months of 2025 was €492,8 million, down 6,2% from the same period in 2024. Excluding the closure of subsidiaries in China and the US, the decline was…
14.11.2025 202

The first Casa Loewe boutique opened in Paris.

Spanish luxury brand Loewe has opened its first boutique, Casa Loewe, in France on Avenue Montaigne, Paris's most prestigious shopping street.
13.11.2025 317

Golden Goose is being acquired by Chinese company HSC – HongShan Capital for 2,5 billion euros.

Negotiations that could lead to the transfer of luxury sneaker brand Golden Goose from its current controlling shareholder, British fund Permira, to Chinese fund HSC – HongShan Capital are nearing completion, writes…
12.11.2025 719
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning