Reassuring investors, Crocs touts Hey Dude’s potential

2022-01-05T16:00:00

As previously reported, both Moody’s and Standard & Poor’s placed Crocs’ credit rating under review after the American clog producer announced the $2.5 billion acquisition just before Christmas of Hey Dude Shoes (or Heydude), an Italian casual footwear brand that is primarily distributed in the U.S. Both agencies expect that ...

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