Crocs news and archive

Crocs delivers Q3 revenue and earnings growth

Crocs, Inc. recorded third quarter consolidated revenues of 1,045.7 million dollars, up 6.2 percent or 5.8 percent on a constant currency basis compared to 2022. Diluted earnings per share increased 5.5 percent to 2.87 dollars compared to the same period last year, while adjusted diluted earnings per share increased 9.4 percent to 3.25 dollars....

Fashion

Crocs, the most polarising of footwear brands, debuts Cowboy Boot

October 23rd has been christened National Croc Day, although its official recognition can vary, depending on which calendar one follows. The day will coincide with the release of Crocs' latest controversial creation: their very first cowboy boot. Much like previous high-fashion releases from the company, such as collaborations with Balenciaga or...

Fashion |In Pictures

Levi’s and Crocs unveils capsule collection

Casual footwear brand Crocs is pushing ahead with its collaboration strategy with a new capsule collection with denim brand Levi’s to celebrate the 150th anniversary of 501 jeans. The three-piece capsule collection aims to merge “casual comfort and quality design” and features two elevated takes on Crocs’ All-Terrain Clog and a new Classic Clog....

Business

Crocs names new SVP, investor relations and corporate strategy

Footwear specialist Crocs has announced the appointment of Erinn Murphy as senior vice president, investor relations and corporate strategy, effective from September 5. On entering the enterprise leadership team, Murphy will report directly to Crocs’ executive vice president and chief financial officer, Anne Mehlman. She joins Crocs from...

Fashion |In Pictures

Crocs unveils collaboration with Feng Chen Wang

Casual footwear brand Crocs has unveiled a limited-edition collection with Chinese designer brand Feng Chen Wang to reinterpret two of its silhouettes – the Siren Clog and the Echo Clog. The Crocs x Feng Chen Wang collection, which launches on September 1, draws inspiration from the Chinese brand’s deconstructed yet functional and unisex...

BusinessFeatured

Crocs hits revenues over one billion dollars for Q2 2023

Footwear specialist Crocs reported its financials for Q2, during which time it said that it hit “record” quarterly revenues of over one billion dollars, representing a 12 percent growth on the year prior. The Crocs brand welcomed a 13.8 percent revenue increase to 833 million dollars, driven by Asia – where revenues grew 33.2 percent – and North...

Fashion |In Pictures

MCM unveils Crocs collaboration fronted by Lindsay Lohan

German luxury fashion house MCM has unveiled a collaboration with footwear brand Crocs, a new Mega Crush Clog, with a campaign fronted by actress Lindsay Lohan. The limited-edition MCM X Crocs Mega Crush Clog combines unique design codes of both brands, elevating the clog with the signature maximalism of the German fashion house taking...

Fashion |In Pictures Featured

Barbiecore: Fashion and beauty brands team up with Mattel

Mattel’s favourite doll Barbie is the toast of fashion and beauty ahead of the highly anticipated ‘Barbie the Movie’ film release starring Margot Robbie and Ryan Gosling, with the toy company securing over 100 licensing deals across fashion, beauty, and accessories. Everywhere you go you are bombarded with Barbie pink, with the Barbiecore trend...

Business

Crocs and Joybees go head-to-head over corporate trade secrets

Footwear specialists Crocs and Joybees have taken to court in a clash over intellectual property, market competition and trade secrets. The duo have each filed competing claims against the other in a Colorado federal court, the most recent being initiated by Crocs, which accused its rival of unfair competition. Crocs’ came just one day after...

Business

Marks & Spencer expands third-party footwear offer with Skechers, Crocs and Toms

Marks & Spencer has announced an expansion to its third-party footwear offer as part of its ‘Brands at M&S’ retail concept, with the introduction of Skechers, Crocs and Toms. It comes as the department store retailer continues to see an opportunity for growth in market share for the footwear category, while it prepares to utilise its already...

Business

Crocs pushes back net-zero target by 10 years

Footwear specialist Crocs is taking a step back on its previously outlined net-zero target, now striving to become net-zero by 2040 instead of 2030, as initially planned. The move came as part of the company’s latest environmental, social and governance (ESG) report, where it provided further progress and evolution updates on its milestones in...

Business

Crocs shares plunge as Q2 outlook comes below street estimates

Shares of Crocs, Inc. fell more than 18 percent Thursday morning after the company's second-quarter outlook came in below analysts' view. For the second quarter, Crocs expects adjusted EPS to be in the range of 2.83 - 2.98 dollars. Analysts on average polled by Thomson-Reuters expect earnings of 3.23 dollars per share. Revenue in the second...