Crocs, an American company manufacturing shoes from crosslight, a natural material based on foamed resin, summed up the results of the past fiscal year. According to the results, the turnover fell by 1,9%.
Crocs losses amounted to 98 million dollars compared to 18 million dollars in the 2014 year. Moreover, Crocs sales in Europe fell by 19% to 173,2 million euros, in the Americas by 2,8%, and in the Asia-Pacific region by 10,4%.
At the same time, online sales grew by 15,6% to 111,4 million euros in all regions except Europe. Recall that Crocs has 559 stores in the world, 102 of which are in Europe.