NRF Recognizes Amazon, Crocs, Kohl’s, Lululemon as Innovators, Leaders at Retail
Washington—Retailers who think outside the box when it comes to innovative practices are being recognized for their achievements by their peers. The National Retail Federation (NRF) announced Wednesday...
View ArticleCrocs Q4 Profit Down, But Sales Beat Forecasts
Niwot, CO—Shares of Crocs gained in trading today after the footwear company reported Wednesday that its four quarter sales beat analysts’ expectations. For the quarter ended Dec. 31, Crocs had a net...
View ArticleExecutive Appointments at Hermès, Bebe, Crocs, Caché
Axel Dumas to Succeed Thomas as Hermès CEO Paris—Axel Dumas, a sixth generation member of Hermès’ founding family, was named the new chief executive officer effective in May. The 42-year-old scion of...
View ArticleCrocs Q2 Profit Dips 42% Hit by Cool Temperatures
Niwot, CO–Shares of Crocs Inc. fell as much as 23% in after hours trading Wednesday after the footwear brand reported its second quarter profit fell 42%. For the quarter ended June 30, Crocs posted net...
View ArticleCrocs Lowers Q3 Forecast on Americas Sales Slowdown
Niwot, CO—Citing weaker-than-expected wholesale and direct-to-consumer sales, Crocs Inc. said Tuesday it would lower its third quarter forecast from previous forecasts that were below analysts’...
View ArticleBlackstone Group Invests $200 Million in Crocs
Niwot, CO–Crcos Inc. hope to get a boost in its turnaround plans thanks to a $200 million investment into the footwear brand in the form of a preferred stock investment by private equity firm...
View ArticleCrocs Q4 Loss Widens on Costs, But Beats Forecast
Niwot, CO—Crocs Inc. today reported its fourth quarter loss widened thanks to one-time charges, but the loss and its sales still managed to beat estimates. For the quarter ended Dec. 31, the footwear...
View ArticleCrocs Q1 Profit Dives, But Sales Edge Up
Niwot, CO—Stung by currency impact in Japan and Russia, a later Easter and a shift in product mix, Crocs Inc. reported Tuesday afternoon that its first quarter profit fell 68% though sales edged up....
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