All Crocs articles – Page 3
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ArticleCrocs lowers outlook, stock price takes hit
Crocs, Inc. lowered its annual revenue guidance and reported a significant decline in its Q2 operating margin, factors which contributed to a nearly 14 percent decline in its stock price early today. The company is now forecasting 14 to 17 percent constant currency revenue growth for its Crocs brand (10 ...
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Infographics & DataDTC Sales Growth 2021
This exclusive interactive chart shows the DTC sales growth of the major players in the sporting goods industry.
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News briefsHeydude unveils new logo and look
Source: www.facebook.com/HeyDudeShoesUSA Heydude new logo After being acquired by Crocs for $2.5 billion earlier this year, the casual footwear brand Heydude has on July 11 unveiled a new logo via its social media accounts that was co-determined by the brand’s fans through focus groups in the U.S., ...
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News briefsCrocs obtains long-sought verdict against sale of counterfeit shoes
Crocs has announced a judgment against USA Dawgs and Double Diamond Distribution stemming from the sale of counterfeit Crocs shoes by the two companies. In the case, Crocs also obtained damages of $6 million and $55,000, respectively, against the companies. The case is the culmination of years of litigation between ...
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ArticleAnalysis: Sporting Goods Industry Scorecard Q1 2022
Find out about the top industry performers. With our first quarter 2022 Sporting Goods Industry Scorecard, we provide an overview by sales and profit.
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ArticleCrocs Bolstered by higher ASPs, Heydude acquisition
After a strong start to 2022, Crocs, Inc. is eyeing approximately $3.5 million in total annual revenues as it continues marching its way to longer-term objectives of $5+ billion in annual sales for the Crocs brand by 2026 and $1+ billion in annual revenues for the recently acquired Heydude brand ...
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ArticleCrocs releases 2021 ESG report, ships first shoes made from partially bio-based material
U.S. footwear brand Crocs has released its 2021 environmental, social and governance (ESG) report, highlighting its efforts and plans to improve sustainability topics. As announced last year, the company plans to have become net zero and cut half of the emissions occurring during shoe production by 2030. Furthermore, Crocs wants ...
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AnalysisSporting Goods Industry Scorecard 2021
Exclusive: We give you an overview of top performers by sales and profit.
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News briefsCrocs appoints Deanna Bratter as vice president and global head of sustainability
Source: Crocs Deanna Bratter Following Crocs’ announcement of its ambitious sustainability strategy in July 2021, under which it aims to achieve a net-zero footprint by 2030 and become a more sustainable brand overall, the company has now announced that Deanna Bratter has joined the company as vice ...
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Article
StockX reviews the collectibles market in 2021
The collectibles-trading platform StockX has released an annual report, titled Big Facts: Current Culture Index: 2022, that breaks down its key markets – notably sneakers, but also electronics, toys and apparel – for the elapsed year 2021. Jordan remained the best-selling sneaker brand, with items trading at an average premium ...
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News briefsCrocs with two new SVPs
Source: Crocs Lori Foglia Crocs has hired Lori Foglia as senior vice president and chief product and merchandising officer. Foglia brings nearly 25 years of product, merchandising and retail experience to the company. She previously worked at Victoria’s Secret, where she spent nearly five years overseeing product ...
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Infographics & DataThe largest athletic footwear brands 2020
This chart shows the revenue development of the top 24 athletic footwear brands brands in 2020 vs 2019. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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Article
Crocs ups guidance after rising by over 60% in Q1
Raising its guidance for the full financial year after a very strong first quarter, Crocs predicted that its revenues will grow by between 40 and 50 percent in 2021 from last year’s level of $1,386 million, up from its previous forecast of 20-25 percent growth. Posting the third consecutive quarterly ...
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News briefs
Updated: Rating agencies back Crocs’ new debt offering
Crocs has increased the size of a planned private placement from $300 million to $350 million, giving an indicative March 12 date for its closing. The placement consists of senior notes with a coupon rate of 4.250 percent due in 2029. Crocs said that it would set aside $180 million ...
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ArticleCrocs’ profits soar on record sales
Crocs is still enjoying a strong momentum as its fourth-quarter revenues jumped by 56.5 percent from the year-ago quarter to a record level of $411.5 million. In constant currencies, they gained 56.1 percent.The number of pairs sold during the quarter grew by 38 percent to 18.9 million, and their average ...
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News briefs
Crocs may have won the battle for its clog’s patent
A panel of three judges in a U.S. Federal Circuit court confirmed a previous verdict by the Trademark and Appeal Board of the U.S. Patent & Trademark Office (USPTO) that validated Crocs’ core patent (N° D517,789) on its clogs. The board had responded to an appeal made by a successor ...
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News briefs
Nike executive moves to Crocs
Yet another Nike executive has jumped ship, perhaps due to its recent reorganization. Emma Minto has joined Crocs as senior vice president and general manager in charge of all the operations of the fast-growing brand of comfort shoes in North America. She had spent 16 years with Nike in various ...
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News briefs
Crocs guides for 20-25% growth
Crocs’ management told investment analysts at the ICR Conference that it is expecting to report a sales increase of more than 12 percent for the 2020 financial year, up from a previous guidance of 5 to 7 percent. In the fourth quarter alone, the growth rate reached a level of ...
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News briefs
Crocs implements AI solution to block unauthorized web ads
Crocs has partnered with Namogoo Technologies on the implementation of a solution that automatically prevents unauthorized and distracting ads from appearing on the Crocs e-commerce site. The Namogoo Customer Journey Hijacking Prevention solution uses artificial intelligence (AI) to identify and block these ads, which are designed to look like native ...
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ArticleRecord Q3 revenues for Crocs
Thanks to ”exceptional consumer demand and strong sell throughs,” Crocs saw its third-quarter revenues jump by 15.7 percent from the year-ago quarter to a record $361.7 million. In constant currencies they gained 15.9 percent. The company recorded growth in all channels and geographies. It also saw record sales in e-commerce, ...
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