> Crocs to cease all manufacturing

Pages: 1

........................................................................

Phillip_McCavity
#1 2018-08-10 01:13:17

Crocs to cease all manufacturing

https://www.cbsnews.com/news/crocs-clos … resigning/

Crocs (CROX), based out of Niwot, Colorado, noted in a press release Tuesday that a facility in Mexico will shutter and there are plans to close one in Italy. It's unclear what the future of production will be.

The company said Carrie Teffner, executive vice president and chief financial officer, will leave Crocs effective April 1, 2019. Her successor will be Anne Mehlman, who comes from Amazon-owned online shoe retailer Zappos. Mehlman will begin her duties August 24, 2018.

Crocs became popular among hospital and restaurant workers and others toiling on their feet all day after its 2002 launch, with annual sales soaring past $100 million before a fall from favor and experiencing a mixed road business-wise ever since.

In July, the company debuted a high-heel version of its rubberized footwear at $50 a pair. It sparked a spirited conversation online.

Shares of the company have climbed 43 percent since the beginning of the year, while the stock itself has more than doubled in the last 12 months.

........................................................................

.,
#2 2018-08-10 01:36:14

Re: Crocs to cease all manufacturing

Those fuqin things still exist?

........................................................................

Phillip_McCavity
#3 2018-08-10 18:55:15

Re: Crocs to cease all manufacturing

., wrote:

Those fuqin things still exist?

I haven't heard of them in ages.

........................................................................

WithoutFroth
#4 2018-08-10 19:41:25

Re: Crocs to cease all manufacturing

........................................................................

Suck it Liberals!
#5 2018-08-10 19:56:39

Re: Crocs to cease all manufacturing

OMG!!! SAD DAY!!!

........................................................................

Phillip_McCavity
#6 2018-08-10 20:32:01

Re: Crocs to cease all manufacturing

........................................................................

Tashfiend Garlique
#7 2018-08-10 21:13:40

Re: Crocs to cease all manufacturing

Blaming Trump? What a croc of shyt!

........................................................................

Suck it Liberals!
#8 2018-08-10 21:15:07

Re: Crocs to cease all manufacturing

Tashfiend Garlique wrote:

Blaming Trump? What a croc of shyt!

OMG!!! I GET IT!!!

........................................................................

Tashfiend Garlique
#9 2018-08-10 21:16:24

Re: Crocs to cease all manufacturing

Suck it Liberals! wrote:

OMG!!! I GET IT!!!

So their stock doubled but they're shutting down? I don't get it, really.

........................................................................

Dot5
#10 2018-08-10 21:28:24

Re: Crocs to cease all manufacturing

., wrote:

Those fuqin things still exist?

For better or worse, there's a lot of people in the food service industry that wear themb. I don't know what the alternatives are, but my own son, his wife, and co-workers run a bakery and the all wear themb.

........................................................................

Tashfiend Garlique
#11 2018-08-10 21:30:31

Re: Crocs to cease all manufacturing

Dot5 wrote:

For better or worse, there's a lot of people in the food service industry that wear themb. I don't know what the alternatives are, but my own son, his wife, and co-workers run a bakery and the all wear themb.

Is it a gay wedding cake bakery?

........................................................................

Dot5
#12 2018-08-10 21:35:35

Re: Crocs to cease all manufacturing

Tashfiend Garlique wrote:

Is it a gay wedding cake bakery?

They don't care. Whatever brings in teh $$.

My son is a Libertarian chip off teh old block in sombe ways.

........................................................................

StudSupreme
#13 2018-08-10 22:15:09

Re: Crocs to cease all manufacturing

They will transfer manufacturing to the USA.

........................................................................

Phillip_McCavity
#14 2018-08-10 22:53:17

Re: Crocs to cease all manufacturing

Actually, they are doing what Levi's did. Contract out manufacture, retain design and marketing.

........................................................................

.,
#15 2018-08-11 06:45:26

Re: Crocs to cease all manufacturing

Phillip_McCavity wrote:

Actually, they are doing what Levi's did. Contract out manufacture, retain design and marketing.

Exactly. The Chinese rip off far more complicated things than plastic/rubber shoes.

Why even bother to produce them. Crocs power is in their brand marketing and ability to convince people to buy these retarded looking things.

........................................................................

Pages: 1